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Is Pension Abuse to Blame for Skyrocketing Costs?

2012-02-01 7 Dailymotion

Is Pension Abuse to Blame for Skyrocketing Costs?<br />The Economist - National Museum of the American Indian<br />Act II. At full tilt: Where imbalances matter most<br /><br />Underwater: America’s pension crisis<br /><br />How big is the pensions shortfall?<br /><br />Do states have the legal right to reduce their pensions burden?<br /><br />Will pensions shortfalls lead to big tax increases or bond defaults?<br /><br />Mitchell E. Daniels Jr, Governor of Indiana<br /><br />Roger Ferguson, President and Chief Executive Officer, TIAA-CREF<br /><br />Dannel P. Malloy, Governor of Connecticut<br /><br />Moderator: Philip Coggan, Capital Markets Editor and Buttonwood Columnist, The Economist

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