While our elected officials may not understand the significance of the fiscal mess that they have created, many folks I meet out campaigning do. In past election cycles, there would be some folks who thought the state was on the right track and others who thought it was on the wrong track. I have been busy campaigning. The last few days I have been to Ashland and Framingham. I spoke to scores of people and not one thought the Commonwealth was on a sustainable economic foundation. Many folks can't explain it, but they know, in their gut, that we are headed for an economic train wreck.
Here is more evidence that those running Beacon Hill have failed. This study from Northwestern makes it clear that the Massachusetts Public Employee Pension Plan will be broke in 2026. Yet there is no plan to fix it and, almost unbelievably, my opponent and others want to borrow money from it. http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1596679
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