ALABAMA TOWN STIFFS RETIREES


Prichard, Alabama Retiree Alfred Arnold and Steve Malanga of the Manhattan Institute discuss how the town went broke.
DATE: 07/29/2011

Discussion Questions

1. How could the city government have handled things differently? What should they do now to fix the problem?

2. What is "dysfunctional" about this system? Why isn't it working?

3. How does this situation translate to our government's debt on the federal level?


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