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Scottie's spin machine aided by John Howell and the Warwick Beacon are working overtime. The numbers don't add up.
The unfunded pension cost for the city is appox. $300 million, as Mr. Dempsey noted unfunded healthcare is $300 million, $170 millions for bonds etc. as well as Warwick Sewer Authority debt of $135 million. The city owes $900 Million.
We have all heard about Greece and that country being a financial basket case with 125% of debt to GDP, if Warwick extrapolated their debt it would be close to 300% 0f revenues. Not a pretty picture.
Scottie is a fraud and the Beacon perpetuates his con job by not asking the difficult questions.
Please explain the inappropriate content below.