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Obama Can Ignore Wisconsin, Public Workers Can’t – Businessweek

…even if Walker’s win doesn’t shift the presidential race, there is a way it’s likely to be felt in other states and other statehouses. Wisconsin, along with all its other political quirks, is distinctive in that unlike most states its public pension fund is fully funded—the money set aside is enough to cover promised payouts to retirees. That only highlights the scale of Walker’s victory—in a place where the state government is not dealing with massive unfunded pension liabilities, Walker was able to run successfully against public sector workers and their demands.

This will almost certainly embolden state and local politicians elsewhere who are pushing for similar reforms…

via Obama Can Ignore Wisconsin, Public Workers Can’t – Businessweek.

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