... don't worry, we've got you covered.
Over at The Liberator Today, B-Daddy has a great round-up of San Diego ballot initiatives, including the one that has been grabbing all the headlines of late here locally: city worker pension reform. Here's B-Daddy in response to criticisms of the proposed defined contribution 401(k)-style retirement plan:
People just have to get more informed about managing their own money, starting with the view that their 401(k) contribution should be maximized, and their lifestyle reduced to live on the rest of their income. If that doesn't leave enough spending money, then find more lucrative work, get a promotion, cut back on spending, or something, but don't expect taxpayers to foot the bill and the future risk. This is a huge culture change in America, but twenty years from now, people will look back and wonder what all the fuss was about.
The fact that we are having a
The day of reckoning is here, folks because math wins. Math always wins.
Please check out the rest of B-Daddy's ballot recommendations, here.