re: #88 RogueOne

Do you understand that government, at all levels, has spent their way into bankruptcy?

No, because it’s not true. They’ve spent their way into debt. Bankruptcy is something that’s very, very different from being in debt.

Again: Do you understand that the pensions, legally, need to be funded, since they are monies that were promised to people for service? You can’t tell workers “You’ll get a pension” and then suddenly say, “Psyche!”.

The money for the pensions is already spent. We can address new pension obligations by raising the retirement age and increasing contributions from employees, but yeah, it’s probable that there will have to be a rise in taxes to pay for these pensions. Because the money is going to government workers who were promised the money for the work they performed.

A private company can’t get out of paying money it owes to employees; neither can the government. I’m not sure why you want them to skip out on their obligations, either.