Some good analysis of both Stockton and San Bernardino, California, and why they went bankrupt — and, not surprisingly, it's not nearly as simple as the "greedy public employee unions" meme:
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Bankrupt cities? Don't blame unions
The reporting and commentary on the bankruptcies of California cities over the last month haven't been journalism's finest hour. From reading the voluminous accounts of the fiscal woes of Stockton and…
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