Those stupid pie-in-the-sky promises need to be nipped in the bud. They are about $9 billion of the $11 billion debt obligations.
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In the early ‘80’s my landlord was a retired alcoholic Detroit cop. He’d retired, he said, on full salary after 20 years. He told me about the good old days when they beat confessions out of people. He said he was getting more money now than when he was a cop as he got a raise every time his former coworkers did. I asked him how the city could continue to essentially keep every employee it had ever had on the roles forever. He never did answer that. As I recall, it was like bringing two south poles of a magnet together. He couldn’t even ask himself the question.