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Stockton California files for bankruptcy. Saddled with massive public pension debt. Heckuva job "civil servants."
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The city of Detroit? You mean the city that lost a million and half people in 10 years Shady? That is a different problem. Stockton Cali? You mean the most illiterate city in the USA? Yah two bad examples of a problem you don't understand says to me you probably belong in Stockton.
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Yep, when you have a defined benefit Ponzi scheme, that type of thing matters.
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Yah but it isn't Soooooooooo...