“City of Rhode Island Asks Retirees to Sacrifice” (TIMES, 7/20/11)

     Does anybody know how many cities are in the same condition as Central Falls, Rhode Island?  This article mentioned Prichard, Alabama, “which stopped paying retirees in 2009 after its pension fund ran out of money.”

     The message that should come from situations like this one is the United States needs  a sensible and fair taxation system.

     The conservative solution of cutting taxes indiscriminately is an invitation to disaster.  Cutting the taxes of the wealthiest Americans borders on the criminal.

     What is needed now, before this economic downturn we are in gets worse, is the establishment of a New Deal government which will be able to mobilize the full resources available in this country.


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