CalSTRS ‘baby’ owes $29,632 already
May 8, 2013
By John Seiler
As Ed Ring notes today, the state of California has run up a "Wall of Debt" of $1.126 trillion. That's $1,126,000,000,000,000.00.
There are 38 million Californians. So it comes to $29,632 per person, including newborn babies.
A large chunk of that debt has been...