There are people who made mistakes and should be imprisoned. There are others who misled and perhaps should be executed for the damage they have caused to the future of others and the economy as a whole.
And those people are millions of Americans.
Probably including many people you know.
When I was growing up there were many articles in the local papers (Tulsa World and Tulsa Tribune) discussing the eventual consequences of underfunded pension programs.
People voted for politicians from both parties supporting all this pork. Opposing it was political suicide.
Math is hard, evidently.
If this seems like an attack on you or any people you know, well, it might be warranted.
I am an independent conservative and not a Republican for a reason.
The problem lies at the feet of the very concept of “public” employee unions.
You can’t have entity A negotiating with entity B while entity C is going to be the one paying for the final agreement.
I couldn't help but think the same. There are people with fiduciary responsibilities at the helm of state and federal governments who--and I'm giving them the benefit of the doubt--probably couldn't advise the truth about their respective finances. The reason why? Someone in a political position didn't want the impact to hit home with taxpayers. There'd be a revolt. The answers are raise retirement ages, reduce retirement benefits, or raise taxes to cover the shortfall.
Now, there is movement afoot to work from the opposite direction: with Obamacare, we're hearing more discussion that the solution is to kill off our elderly sooner. That's the real underlying message.
A few good nuclear wars could solve this. Famines and plauges could quickly reduce the population to One billion in less than a decade.