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Is mediocrity the new norm?

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Stockton, Calif. recently filed bankruptcy. It’s the largest city in U.S. history to do so. The mayor of Scranton, Penn. recently declared his town’s broke too.

The mayor felt he had little choice but to take drastic measures to offset their devastating 16.8 million dollar shortfall. Since the city can’t pay its bills the mayor proclaimed he and every city employee would have their compensation slashed to the minimum wage of $7.25 an hour.

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