I'd like to see the taxpayers at the head of the line if we start selling away federally held assets. Those pseudo-bonds held by Social Security should probably be converted to surplus federal assets, e.g. land and mineral rights and buildings and nuclear weapons and space probes and such.
As far as the unfunded pension liabilities go, if there was some collusion or conflict of interest in the founding of the liability (and we should be pretty strict that even the unexplained appearance of such is sufficient to damn them) the obligation should be discharged. This means that obligations created generations ago with questionable appearances would be difficult to explain, so they would have to vaporize. We could create special retirement facilities for "golden-age bureaucrats" in remote areas (on indian reservations?) who don't have an alternative place to go
Wow, That's pretty ugly, but then I've paid over a $1 million in taxes in my lifetime, so I have a feeling it's not going to come out nice no matter how I put it...
It’s not just former government employees. A faster death rate helps bail out private pension plans and social security balances as well.
Do you think Obamacare was designed to help us all live longer?