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# Editor’s Memo: The Pension Monster
July 21 2016
Written by Ken Draper.
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CITYWATCH TODAY—Government costs you money. It comes out of your wallet and bank account in real dollars when you put gas in your car, shop at the market or put clothes on your kid’s backs. The ‘bills’ come due with every stop. Gas tax. Sales tax. Property tax. To cover the cost of government.
The problem is, you have limited control over how your ‘government’ dollars are spent. And, even less control over the skills and integrity of the electeds who determine how your money is used. Some of their decisions on the commitment of your dollars have been disastrous. Pensions are an example.
Every year government’s obligation to pension contributions eats a bigger chunk out of the budget. And, reduce government services accordingly. It’s a double mugging.
A number of our writers deal with government issues that suck up your hard-earned pay check and help keep your life on a financial incline for what seems like forever … in Today’s CityWatch.
From the pension crisis to developer payoffs, it’s all there. Check it out. Let us know what you’re going to do about it. Things like pension contributions are lifetime commitments. Time for you get serious about your dollar obligations. Especially those with no end date and no option out. There’s nothing good that can come from that kind of deal.
Ken Draper-Editor, CityWatch
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