Imagine if the stock market drops another 30% - and stays down for a couple years?
Municipalities, States and Union pension funds across the country will face DISASTER.
I hope it happens!
Although I share your resentment of damn gov’t worker entitlements, we have to be careful what we wish for.
Public employees and their unions are first in line at the taxpayer funded gravy train.
The Millions of federal, state and local Gov’t employees are loyal Democrat members of Obola’s national civil army.
They will never be outright denied “promised” benefits, no matter how unsustainable or dire our economic circumstances are.
You, the taxpayer, will be bent over even further, and be given a good drilling by the SEIU-DEMOCRAT marxists.
It’s been decades since there’s been any widespread public mention of how taxes are killing the middle class.
As point of fact, during the 30’s depression, public employees voluntarily took 25% pay cuts in order to easy the burden of their unemployed neighbors.
Today’s gov’t vampires and parasites have no empathy for the people who are saddled with paying for their salaries.
RE: “Imagine if the stock market drops another 30% - and stays down for a couple years?
Municipalities, States and Union pension funds across the country will face DISASTER.
I hope it happens!”