Public Pensions Press Budgets »

Posted By populist 5 months ago in Business & Finance

Taxpayers are already bailing out auto companies and banks and, before this recession is over, they’ll be bailing out public pension plans. These plans are losing money by the millions and billions—a $1 trillion loss combined—but that doesn’t mean retired government employees will see their pensions shrink.

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populist

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    DaneL5 months ago

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    Why shouldn't the government parasites take a hit like the rest of us? If you ever see them work, you would think they are already retired. Those that can't make it in the real world work for the government.

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