According to Dan Walters from The Sacramento Bee: “Throughout California, local government and school district officials are writing new budgets and confronting rapidly rising costs of pensions. Many have seen their costs double in the last few years, largely consuming revenue increases that the state’s expanding economy have produced. For instance, a projected $1 billion increase in school districts’ teacher pension costs in 2017-18 will more than equal projected revenue gains. However, as the old rock song says, “You ain’t seen nothing yet.” Lackluster earnings by pension trust funds, revised actuarial projections and impacts of benefit increases are compelling the systems to sharply increase mandatory “contributions” from public employers. Nevertheless, pension systems have seen their “unfunded liabilities” continue to increase – giving California one of the nation’s widest gaps between earning assets and pension obligations. California’s unfortunate status is confirmed in a new report from Pew Charitable Trusts, which found that in 2015 the state’s two big pension funds had the nation’s sixth-worst record of reducing unfunded liabilities, gathering just 79 percent of the $18.9 billion they needed to keep their pension debts from rising.”
NOW LET US EXAMINE JERRY BROWN’S
THINK ABOUT IT, SCARY JERRY BROWN AND HIS LIBERAL CRONIES HAVE DONE THE MATH WHEN IT COMES TO CALIFORNIA’S UNFUNDED LIABILITIES AND PENSION SHORTFALLS. IN THAT, JERRY (THE MALIGNANT) BROWN NEEDS A CONTROLLABLE, UNEDUCATED, HIGHLY POPULATED AND LOWER CLASS TAX BASE (i.e. ILLEGALS, FELONS AND GANG MEMBERS), IN ORDER TO FUND CALIFORNIA’S UNFUNDED LIABILITIES INTO PERPETUITY. YOU SEE, JERRY BROWN AND HIS LEACHING LIBERAL ELITES NEED A POPULATION THAT WILL WORK BELOW MINIMUM WAGE, AND WHO CAN BE IMMEDIATELY DEPORTED SHOULD THEY REFUSE TO PAY TAXES AND VOTE FOR DEMON-CRATIC CANDIDATES. SCARY JERRY IS ALLOWING AND ENCOURAGING ILLEGALS TO FLOOD INTO CALIFORNIA SIMPLY BECAUSE SCARY JERRY AND HIS LIBERAL CRONIE ELITES DESIRE TO LIVE IN THE HEAVENLY SKY’S FOR ETERNITY, WHILE RIDING ON THE TAX-BACK AND ILLEGAL VOTING OF SCARY JERRY’S ILLEGAL POPULATION AT THE DETRIMENT OF THE LEGAL CITIZENS OF CALIFORNIA (i.e. KATE STEINLE). OH, AND LET US NOT FORGET THE REASON LIBERALS WANT TO GET RID OF THE ELECTORAL COLLEGE. THINK ABOUT IT, SCARY JERRY AND HIS LIBERAL CRONIES WOULD HAVE NO PROBLEM WINNING ELECTIONS IF ELECTIONS WERE BASED ON THE POPULAR ILLEGAL VOTES. SO, WE NOW KNOW, ANOTHER PRE-MEDITATIVE MOTIVE AS TO WHY SCARY JERRY WANTS HIS ILLEGAL POPULATION TO SET UP SHOP IN HIS SANCTUARY STATE OF CALIFORNIA.