Fiscal Fantasy

I’ve been reading about how much money the state of California is obligated to pay public employees not to work–that is, their pensions–and how much of that debt is not covered. Depending on whose article you read, the shortfall ranges from $300 billion to over $800 billion.

Remember, this is money that’s meant to pay people for not working, for being retired. In return for their 300 to 800 billion dollars, the taxpayers of California will get absolutely nothing. Zilch. Bupkus. For all the good it does them, the taxpayers might as well rake the money into an enormous pile and burn it. Meanwhile, Californians are in line to enjoy the blessings of high-speed rail–just like China!–and their state’s very own save-the-planet cap-and-trade scheme. These programs will cost hundreds of billions of dollars and be of no benefit whatsoever.

I write fantasy novels. The governor and legislators of California write public policy. Whose ideas are farther off the deep end? Whose imagination is more feverish? Whose fantasies are more fantastic?

Wouldn’t it be nice if the politicians left the fantasy to the professionals and tried to confine themselves to policies at least tangential to reality?

One comment on “Fiscal Fantasy”

  1. It would indeed, be wonderful if those who are entrusted with working in reality and common sense would stick to that base of operations, and leave fantasy to those who deal in that as entertainment, and not in
    damaging anyone.

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