Risky Retirements: Len Gilroy on the High Stakes of Public Pension Debts
Podcast:American Potential Published On: Thu Dec 14 2023 Description: This episode of "American Potential" features a crucial discussion with Len Gilroy, Vice President of Government Reform at Reason Foundation, focusing on the widespread mismanagement of public pension systems. Host Jeff Crank delves into the alarming reality of public pensions, highlighting the staggering $1.3 trillion in unfunded liabilities that have placed a significant burden on taxpayers. The conversation explores how poor strategic decisions in public pension management have led to this crisis, affecting not only the sustainability of these pension plans but also the financial well-being of the public. Gilroy offers his expert insight into the systemic flaws and risks inherent in the current pension frameworks, emphasizing the urgent need for reform and accountability to protect taxpayers from the escalating costs of these underfunded systems. This episode is a wake-up call to the realities of public pension mismanagement and its far-reaching consequences for taxpayers nationwide. Check out American Potential here: https://americanpotential.com Check out our Spanish episodes here: https://www.youtube.com/playlist?list=PL8wSZydeKZ6uOuFlT_1QQ53L7l6AmC83c Facebook: https://www.facebook.com/AmericanPotentialPodcast Instagram: https://www.instagram.com/americanpotentialpodcast/ X: https://twitter.com/AMPotentialPod