Carlsbad Debt Crisis Explained

Here’s the best explanation I’ve seen for the current debt crisis:

The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo.

We have another debt crisis looming here in Carlsbad involving the pension obligations for our public safety employees. I’ll discuss that in another post, but suffice to say that it’s important that Carlsbad citizens vote YES on Proposition G on November 2.

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