More pension trouble?

Did anyone notice what a mess Chicago is.....and how there has only been Democrat Mayors since the 1920's....I'm sure they will keep electing them because they are so good for the city.

Did anyone notice what a mess America was in until January 2009, and how there had only been white Christian male Presidents since the late 1700s . . . I'm glad we finally mixed up the pattern a bit because it's been so good for the nation.

That is every bit as racist as you accuse others of being racist.

Fixed.

YOU think it has been fixed! Bullshit, this clown is leading us on a road to disrepair! How is his promise of sitting down with Iran leaders and the middle east worked for us? Our relationship with Russia has not been worse since the 60's! Russia knows this guy is weak and they have NO respect for him.

Forky is wrong again. States and municipal govts deliberately overestimated their ROI in order to minimize the amount of current tax revenue they would have to contribute to the funds. The historical ROI for most pension funds is under 8%, but the projected ROI was over 8%.

It is the fault of the unions & weak willed govt's for establishing pensions and medical benefits that could never be delivered in the long run; much like the feds SS and medicare plans

So you are saying that the first 40+ president screwed up this country and it took obama (God) to save it?

Lets see what he has accomplished in no particular order

1) One of the longest periods of high unemployment in American history
2) less full time workers than when he took office
3) First half 2013 GDP is under 1.5%
4) Over 40 million Americans on food stamps
5) Largest deficits in world history
6) Household income dropping
7) More Americans living in poverty than when he took office
8) Started the largest spying program on Americans in history

Or States?

As jatki99 has already noted Chicago is pr'bly has the worst funded pensions for a large City after Detroit, . . . but illinois is also the worst funded among the States.

Annual NET Pension Liability as % of Total State Revenue Rank
1 Illinois 241.1% [i.e. It would take almost 2½-years of all State Taxes to fully fund the pensions.]
2 Connecticut 189.7%
3 Kentucky 140.9%
4 New Jersey 137.2%
5 Hawaii 132.5%
6 Louisiana 130.2%
7 Colorado 117.5%
8 Pennsylvania 105.0%
9 Massachusetts 100.4%
10 Maryland 99.5%
11 Texas 92.5%
12 Rhode Island 91.3%
13 West Virginia 86.2%
14 Maine 76.6%
15 Montana 62.5%
16 California 61.8%
17 Oklahoma 61.8%
18 Indiana 61.3%
19 North Dakota 61.2%
20 South Carolina 59.7%
21 New Hampshire 56.4%
22 Alaska 55.2%
23 Mississippi 53.0%
24 Vermont 49.2%
25 Delaware 48.2%
26 Georgia 42.0%
27 Wyoming 39.9%
28 Nevada 39.1%
29 New Mexico 37.8%
30 Alabama 36.9%
31 Virginia 35.5%
32 Oregon 33.9%
33 Arkansas 33.6%
34 Washington 32.7%
35 Utah 30.8%
36 Missouri 27.7%
37 Minnesota 27.3%
38 Arizona 26.7%
39 Michigan 25.4%
40 Kansas 23.1%
41 South Dakota 20.7%
42 Ohio 19.6%
43 Tennessee 19.2%
44 Florida 19.2%
45 North Carolina 18.3%
46 New York 16.6%
47 Iowa 16.1%
48 Idaho 14.8%
49 Wisconsin 14.4%
50 Nebraska 6.8% [[i.e.] It would take less than a month of all State Taxes to fully fund the pensions.]

Ref: Moody's Investors Service

The deficit is down about 50% since Bush's last budget.

But you know me, I just scan for the most astonishingly dishonest statements, so some of you other stuff might even be truthful.

What govt or president ran up a $5t deficit in 5 years other than Obama?