Meet the Press
Has President St. John McCain on. I keep forgetting that he won the last presidential election on all the best TV shows...
FARGO, N.D. (AP) — John Stern has lived in Fargo all his life, buying a dream home on the Red River more than 25 years ago.
The city is offering to pay him for the 1,800-square-foot Frank Lloyd Wright family home if he wants to move off the flood plain. But Stern says he's not going anywhere. More
Dean Baker has a deeply enlightening analysis of state pension shortfalls (pdf), containing a lot of stuff I didn’t know. The basic moral is that the official story these days — of years and years of huge giveaways to unions, resulting in gigantic, unpayable debts — is just wrong: to a very large extent, the pension shortfall has emerged just since 2007, thanks to the financial crisis, and even then it’s not nearly as big relative to future state incomes as widely imagined. Here’s a key figure:
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