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美国百座城面对破产 加州纽约州经济简直陷瘫痪(国外英文资料)
美国百座城面临破产 加州纽约州经济几乎陷瘫痪(国外英文资料)
States little fuss apparently fails to address the biggest deficit problem: the huge hole in health care and civil service benefits.
The first is health care. The system was created by the U.S. congress, administered by the states and funded by the federal, state and local governments. In the best of times, the health care of Americas poor is a mess, and the situation is more acute as the number of people in the country increases rapidly.
Another serious problem is the pay and benefits of public sector employees. The state of New Jerseys mess is an extreme example of this widespread problem. Many U.S. state and local governments have made such a mistake: to win the votes of public sector employees to increase their pay and benefits, the government thought pension investment income will always maintain growth momentum.
The pew research center estimates that if states want to maintain their pension commitments to public sector employees, the funding gap is at least $1 trillion. The figures show that half of Americas state pension plans were fully funded in 2000, up from just four in 2008. To be sure, if you want to cut police officers, firefighters and teachers welfare is very difficult, but the long-term economic recession suggests that public and private sector employees facing the economy difference is bigger and bigger.
Read the bankruptcy of the U.S. government
State:
The law forbids bankruptcy
Report from our correspondent with the enterprise bankruptcy, the United States will not towards the real meaning of bankruptcy, the bankruptcy law does not allow states bankruptcy, the essence of which is the state financial shortage, difficult to pay all kinds of public spending, and within a certain period of time and cannot solve the deficit crisis situation.
States have no right to file for bankruptcy, so states will reduce their budget deficits by cutting spending and raising taxes.
In fact, there is a precedent for the bankruptcy of t
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