The fact is that for a lot of years, major contractors’ 401(k) matching programs cost the taxpayer money while in most cases their defined benefit pension plans did not due to higher than expected trust returns. I described how defined benefit cost accounting works. I was not commenting on whether in general the taxpayer obtained good value from contractors.
lol...And I'm talking about the federal government and government at all levels. The American people, other than those who may be government contractors, are being taken for a ride, due to ever expanding, over spending, controlling and corrupt government.
When I mentioned the private sector is being gang raped by government, this is *exactly* what is occurring, at every level, in nearly every city, every county, in every state including the fed. Most of this went unnoticed during good times, but now, the epic government waste, spending, corruption due to destructive, bad leadership within government, is finally coming into focus, as it's exactly what is causing the American decline.