Huffington Post: A Federal Bailout For Detroit’s Pensions?

Here’s an economic free-association test. Read the following sentence:

The Federal government should bail out Detroit city worker’s pensions so that retirees can be paid in full.

Some people will approve of the idea. But others will be shocked or angry. They’ll conjure up images of prosperous retirees making a fortune at everyone….

Read more:   http://tinyurl.com/kgr3r5e

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