Skip to comments.Federal retirement plans almost as costly as Social Security
Posted on 10/24/2011 5:34:32 PM PDT by dragnet2
click here to read article
Considering more money to went to 10 million government retirees, than 54 million on Social Security, it's a good question...Seeing tens of millions are out of work and their bloated intrusive government is going to go broke from lack of tax revenues, damn good question.
his part just bends the brain...
More than $300 billion in the snowballing expense of previous retirement promises that have no source of funding.
The government committed more money to the 10 million former public servants last year than the $690 billion it paid to 54 million Social Security beneficiaries.
I love how ABC News did a fraudulent fish investigation (saw thread on FR earlier this evening), yet not a peep about this impending train wreck!!!
This is what 20+ years of really bad leadership got us. Massive intrusive government, massive uncontrolled debt, a bankrupt country, lawless violent borders, beaten down middle class, etc.
Worst part is that most of those jobs are really not given to the best candidates. They are impossible to get unless you are related to the top people.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.