"We know that Tier 4 may have some unintended consequences, making it tougher to recruit or retain teachers and emergency workers," Palin said.
But the defined-contribution system was needed, she added: "We know we had to do something different there because of the effects of globalization on our economy."
Excuse me? Just how does globalization tie into the ARMB's rate hike? Are we planning on outsourcing our state departments to Taiwan or China? How did Sarah see the effects of globalization when she was making PERS payments as mayor of Wasilla? Could someone please ask Sarah if she knows what she's talking about?