One thorny topic you won’t be hearing Democratic candidates for governor talking much about is California’s essential need for public pension reform. It was a raucous affair, but there wasn’t a peep from Democrats about escalating public pension costs. He’s now a Stanford public policy professor and heads a major public pension research project. The biggest obstacle to real reform is the so-called California Rule, an old, ludicrous concept. “I have a hunch they’re going to modify the California Rule,” Brown told reporters last week.

Source: Los Angeles Times January 18, 2018 08:03 UTC