The real threat to pensions.

[icenine]

Originally Posted by noonereal

excess is excess

it's two different subjects

you can't marry the two and avoid the îssue, which you just did

show me examples of excess and tell me why you are upset.


Sadly, but I feel I may be right but hope I am wrong, Americans who somehow are able to secure public employment, either through nepotism, merit, or sheer luck, may be the ones who are the most fortunate at the end of their lives than most other Americans will be in the future. So in a Machivellian sense America public employment might be one of the few good options for a nice golden age.

I mean that is how it is in the Third World.

Ending public pensions would just be another step on the downward spiral.
I have a feeling the stock market and the 401ks tied to it are not really a big benefit to the majority of the 99 percent. And of course there could always be a crash.

I have a feeling that eventually single payer will be a necessity because no one will be able to pay for anything other than food and maybe instead of buying new homes us old people will have to just pass on our homes to our children where there extended families will all move in. New home ownership is already on the decline for millenials.

Oh lets worry about public pensions lol.