“The city, Desert Hot Springs, population 27,000, is slowly edging toward bankruptcy, largely because of police salaries and skyrocketing pension costs, but also because of years of spending and unrealistic revenue estimates. It is mostly the police, though, who have found themselves in the cross hairs recently.  Police officers and other public-safety workers keep turning up at the center of the municipal bankruptcies and budget dramas plaguing many American cities. The average pay and benefits package for a police officer here had been worth $177,203 per year, in a city where the median household income was $31,356 in 2011, according to the Census Bureau.”

http://www.nytimes.com/2013/12/28/us/police-salaries-and-pensions-push-california-city-to-brink.html?nl=todaysheadlines&emc=edit_th_20131228&_r=1&&pagewanted=all

Did you like this?
Tip Freedomwat.ch Staff with Bitcoin

Donate via Installed Wallet Copy