Scott Adams
Why did Schwarzenegger bail on pension reform?

Today's topic: Gov. Arnold Schwarzenegger had said he would sign a budget only if legislators reformed the state's pension system. The budget he signed last month, however, didn't include this overhaul. What happened? The sacrifices made by public employees Point: Scott Adams The governor's plan to hold pensions hostage to the budget was a bad idea from the start. Legislators and Gov. Arnold Schwarzenegger knew it would not really fix the budget shortfall. That's why it died a quick death. The budget deal has put a heavy burden on public employees at the state and local levels. Furloughs, job losses and cuts in take-home pay have hit hard and will continue to do...