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To: mrsmith
Personally, I mind. Pensions should not be cut-neither military, government or public. It undermines agreements by which people have made financial decisions. There is nothing wrong with reducing pensions/social security on the future workforce. But cutting existing pensions on people who are either retired or planning to retire is just plain wrong.

How many will complain when the government takes everyone's 401K? They will do it under the same guise of trying to fix the budget.

16 posted on 12/24/2013 10:06:37 AM PST by HarleyD (...one of his disciples, whom Jesus loved.)
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To: HarleyD

Well, then you leave inflation as the answer. People get the full dollar amount they were promised.

That requires no setting of priorities. The general nature of that solution will be more damaging to pensioners than targeting spending cuts by priority IMO.
Thouigh maybe not.


18 posted on 12/24/2013 10:31:16 AM PST by mrsmith (Dumb sluts: Lifeblood of the Media, Backbone of the Democrat Party!)
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To: HarleyD
It undermines agreements by which people have made financial decisions. But cutting existing pensions on people who are either retired or planning to retire is just plain wrong.

BS...No one asked me or anyone I know if government employees should get guaranteed lottery style tax paid benefits and pensions. Why should they be guaranteed anything?

It's choking off and economically gang raping the private sector...This needs to be applied to existing personnel and those already retired as well as new hires.

19 posted on 12/24/2013 10:33:27 AM PST by dragnet2 (Diversion and evasion are tools of deceit)
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