curious. what does everyone really think of the fiscal situation in gary? on the one hand i think we all recognize the city has been abused by its leaders and has squandered its past revenue...and ballooned its budget way out of controll. on the other hand those past officials have committed so much to retirees that it is virtually impossible for them to run an efficient government today, without screwing those retirees out of their benefits and pensions.
i cant imagine anyone wants to see a retired cop or fireman lose thier earned benefits. but what is the city to do now with the caps? it seems to be an impossible situation even if they had the best possible leadership over there now (and i dont think anyone is going to argue they do).
so what should the state do? make them go bankrupt? that, in the long run will only further hurt the surrounding areas further.