Baltimore’s Pension Pivot
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  • ljgude

    Via Meadia has been touting the advantages of defined contribution plans for some time. It is nice to see a Blue city wake up and make the move.

    • Stacy Garvey

      Detroit is scaring them. Mayor Rawklings-Blake doesn’t want her name listed next to Coleman Young’s in future U.S. history texts. And, maybe, that’s the greater purpose of Detroit – to scare Democrats into governing responsibly. We need to watch Wisconsin, North Carolina, and Illinois. Wisconsin and North Carolina are attempting to beat back entitlement government, but it looks as if Illinois is too far gone. Time will tell.

      • Jim__L

        It’s just fascinating that in other countries, there seems to be the attitude that you can gripe all you want, but nothing will change.

        It seems that in America, when enough of us notice reality setting in and start to complain… things change. Maybe not everywhere, maybe not effectively to begin with, but in at least some places, you can see stirrings of realistic responses and corrections.

        Wow.

  • Andrew Allison

    Hold the applause. She exempted herself, other elected officials and the city’s police and fire departments (at a guess the lion’s share of the costs). It’s a sad commentary on Baltimore’s elected officials that she felt it necessary to bribe, er exempt them to pass the measure.

    • Maynerd

      Yes the exemptions are crass and self serving but in the future the reform plan will be leverage against those currently not required to participate.

      Divide and conquer. Scott Walker used the same tactic in Wisconsin.

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