At his website PensionTsunami, Jack Dean and his staff chronicle the ever-growing wave of public pension debt. "The whole idea of the pension was to provide public servants with a decent retirement," says Dean. "It wasn't to make them wealthy, to allow them to retire younger and with more money and be able to go off and play golf while the rest of us supported them."
Reason.tv's Ted Balaker spoke with Dean about a fiscal mess so large that even prominent liberals like former California Assembly Speaker Willie Brown are sounding the alarm.
Interview shot by Alex Manning and Paul Detrick. Edited by Manning. Approximately 9.47 minutes.