Tuesday, November 22, 2011

Public Employee pensions

Everyone is missing the main point.

Social Security will be insolvent in a few years.

Politicians have promised Public Employees, pensions that are unaffordable.
Politicians have promised non-Public Employees, Social Security that is unaffordable.

Everyone is in the same sinking ship.

The only fair solution is to combine all states pensions and social security programs into one unified program. This way everyone will be treated the same (taxed and receive benefits) fairly. Obviously if you have gamed the system you will not be in favor of this solution.