Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
That is flawed then because that isn't on the tax payer to help fund.
That misses the point. Taxpayers will be forced to pay government pensions no matter what. But individually owned retirement accounts which make up 2/3 of that $27 Trillion in retirement investments can crash to zero value and no one steps in to make up for the loss.
That misses the point. Taxpayers will be forced to pay government pensions no matter what. But individually owned retirement accounts which make up 2/3 of that $27 Trillion in retirement investments can crash to zero value and no one steps in to make up for the loss.
Pknopp is right it doesn't. Saying the public funds 27 trillion in pensions when including IRAS and Roths is wrong. It is dishonest. By it being two thirds, that makes your effective number really 8.33 trillion with another 18.67 trillion tied into individual auts including Rothschild and IRAs. Using the 27 trillion is a strawman. Don't get me wrong, 8.3 trillion is still huge but not 27 trillion huge.
Yes, it does. Taxpayers pick up the tab for underfunded public employee pensions. No one picks up the tab when private sector retirement accounts lose asset value.
Yes, it does. Taxpayers pick up the tab for underfunded public employee pensions. No one picks up the tab when private sector retirement accounts lose asset value.
All pensions are not the same as has been pointed out.
All pensions are not the same as has been pointed out.
That's what I'm saying. Taxpayers pick up the tab for underfunded public employee pensions. NO ONE picks up the tab when the private sector's retirement accounts, pensions, etc., lose asset value.
That's what I'm saying. Taxpayers pick up the tab for underfunded public employee pensions. NO ONE picks up the tab when the private sector's retirement accounts, pensions, etc., lose asset value.
Not all public employee pensions are the same but you lumped them all in as one.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
uts including Rothschild and IRAs. Using the 27 trillion is a strawman. Don't get me wrong, 8.3 trillion is still huge but not 27 trillion huge.
