Biden wants to force us pay for other people's retirements

[stone26]

Originally Posted by beach43ofus

As I said MOST will go to public sector union bailouts. I'll bet as the bill passes through the House, they'll decrease the private and increase the public funding scewing it even more than it is now towards public.

Why should taxpayers be baiing our private company pensions anyways? That is massive government over reach, and gross misappropriation of taxpayer money.

I hope this dies a quick death in the Senate, never to be heard from again. This tips the Dems hand that they want socialism.

Huh?

Originally Posted by beach43ofus

https://www.foxbusiness.com/politics...eans-will-work

This article focuses on Biden's proposal to use $1.9T in taxpayer $'s to prop up unsustainable pension plans in the private sector.

When the details emerge, I predict it will mostly bail out gov't pension plans...like Chicago, Illinois, Connecticut, New Jersey, for example.

Gov't pensions have been over-promised for decades, & are a massive Ponzi scheme.

Pensions in the private sector have become nearly extinct, so there's not many left to bail out, which is why I say the $'s will go to gov't pensions.

Either way, Biden want to force YOU to pay for other people's retirements...the people he chooses.

Nevermind the fact that ~60% of Americans are living paycheck to paycheck & have 0$ saved for retirement.

If I'm right, & most of the ~$2T goes to gov't pensions, imagine what it will do to this 2018 chart:

https://en.wikipedia.org/wiki/Govern...ending_GDP.png

Pray that Manchin & Sinema will stand firm against this too.

My point was that you claim of $2 trillion was incorrect. $2 trillion was the entire act, with only a small portion going to the pension funds.

You REALLY need to read your own articles before posting, because you keep getting the facts wrong.

[Greenvalleyfan]

Originally Posted by stone26

Huh?




My point was that you claim of $2 trillion was incorrect. $2 trillion was the entire act, with only a small portion going to the pension funds.

You REALLY need to read your own articles before posting, because you keep getting the facts wrong.

Yeah, you see how many people ran with this. And, to make matters worse the op doesn't even understand what they posted...amazing.