It had better be bold if Michigan wants to avoid Illinois’s fate. Chicago caught a case of “the Detroits” after all.
Really, even Michigan’s efforts are probably not enough. The pensions that politicians promised state workers so that they could get elected aren’t based in reality. The truth is those pensions are probably going to need to be cut substantially.
And don’t cry government workers. You know (and knew) your pensions weren’t sustainable. We all knew they weren’t.