The gubernatorial race in California has escalated, and now Jerry Brown and Meg Whitman are locked in one of the more memorable duels California has recently seen. However, unlike in other races, where cultural or social issues often provided most of the ammunition, in this case the battle is one of raw economics.

At least 75 cities, counties, and public entities in California are considering cutting public pension benefits as well as raising the amount employees must contribute. Four localities, including San Francisco, will probably have pension-related ballot initiatives in November.