A Progressive’s Progress
San Jose mayor Chuck Reed shows how Democrats can take the lead on public-pension reform.
30 May 2012
Skyrocketing compensation costs for public employees are forcing California municipalities to contemplate spending cuts and, in some cases, even bankruptcy. The question isn’t whether to rein in these pension and medical liabilities—that’s unavoidable—but precisely when and how to do so. Dominated by public-sector unions, the state legislature remains in deep denial, but some local leaders, acknowledging reality, are taking action on their own to control costs. “We’ll do this city by city a few times and that will help to move the state,” San Jose mayor Chuck Reed told me in a recent interview at City Hall. Eventually, Reed says, California will need a statewide pension-reform initiative to overcome the legislature’s intransigence. Reed, a progressive Democrat who has dragged along a slim majority of a 10-member city council, is leading the most impressive effort statewide.
Click here to read the article published in City Journal