First, fire half of the federal workforce.
Second, abolish federal pensions for new hires. Give them 401K accounts like the rest of us. Let them know that their own retirements are dependent upon a healthy US private sector.
The last Federal Employees fully covered by a defined benefits pension were hired in 1983. Since then, it's been partially defined benefits, the remainder 401k.
Second, abolish federal pensions for new hires. Give them 401K accounts like the rest of us. Let them know that their own retirements are dependent upon a healthy US private sector.
—
I like that.