[Zakeet]

Sometime look at the GAO's actuarial calculations for unfunded liabilities for federal employees, retired military and disabled veterans. It dwarfs the state and municipal totals.

Then, check out their estimates for unfunded Social Security, Medicare, Medicaid and ObamaCare.

Then, read what others say about the GAO figures. For example, professor Laurence Kotlikoff at Boston University calculates the fiscal gap to be $222 trillion rather than the only $120 trillion estimated by the GAO.

Then, ask yourself it is possible for an economy that generates approximately $15 trillion per year in gross (i.e. before deducting food, housing, taxes, etc.) output to ever pay for more than a small portion of those obligations.

Bottom line: There simply isn't anywhere nearly enough wealth or productive capacity to confiscate to pay for the promises made by politicians. All persons, federal and state, dependent upon publicly funded retirement plans are screwed.

[GladesGuru]

“Bottom line: There simply isn't anywhere nearly enough wealth or productive capacity to confiscate to pay for the promises made by politicians. All persons, federal and state, dependent upon publicly funded retirement plans are screwed.”

They richly deserve their coming “screwing”.

Allegedly, an itinerant carpenter once noted “He who will not work shall not eat”.

But, he was just a white, Eurocentric racist male - right?