ScoobyDoo
NPC
Re: Campaign 2016 Part XXIII: The Penultimate Thread
How many actuaries from the 1970's/'80's/'90's have been put in jail for the systemic destruction they have left so many pension plans in? How many Union heads have been put in jail for accepting contracts without increases in pay for pensions that had no shot at sustainability? How many Government officials have been put in jail for what they've done to Social Security?
I'm sick of hearing about unsustainable paths that were sold to unsuspecting hard working people as their future retirement. It was wrong then, and it's wrong now.
The path Wisconsin was on was unsustainable. The pubic pension plan was an unfunded time bomb. Walker tried to fix it when others were happy enough to let the clock run out (and have left the restaurant before the check came to the table). And Louisiana? How do you destroy something that never really existed.
How many actuaries from the 1970's/'80's/'90's have been put in jail for the systemic destruction they have left so many pension plans in? How many Union heads have been put in jail for accepting contracts without increases in pay for pensions that had no shot at sustainability? How many Government officials have been put in jail for what they've done to Social Security?
I'm sick of hearing about unsustainable paths that were sold to unsuspecting hard working people as their future retirement. It was wrong then, and it's wrong now.