About Those Trash Baskets
This article is from the archive of The New York Sun before the launch of its new website in 2022. The Sun has neither altered nor updated such articles but will seek to correct any errors, mis-categorizations or other problems introduced during transfer.
The biggest challenge ahead for public finance is going to be how to take out the garbage. Forget about gaping holes in public pensions, or the dumb ways states and municipalities use expensive financial products like interest rate swaps. No, it’s all about garbage.
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