33 sats \ 4 replies \ @kr 21 Mar
https://media1.tenor.com/m/Z9O6sGo6wCcAAAAd/oof-old-man.gif
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0 sats \ 3 replies \ @kepford OP 21 Mar
Yeah, pretty brutal.
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42 sats \ 2 replies \ @kr 21 Mar
how bad do the numbers need to be before people stop getting paid their pensions?
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121 sats \ 0 replies \ @Bell_curve 21 Mar
The state will raise taxes for pension to be paid out.
Public sector unions wield too much influence and they have done a good job of brainwashing voters
Public sector unions should be abolished. You work for the government not a corporation
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60 sats \ 0 replies \ @kepford OP 21 Mar
Good question. States can't print money but I believe they can redirect funds from current workforce to retired people. This IMO is a big factor in increasing the number of gov employees. Its a beast.
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84 sats \ 0 replies \ @kepford OP 21 Mar
Its wild that New York isn't in worse shape. I was kinda surprised by that. But, when you look at the size of their surplus of 1% you realize how massive the responsibility is. $4.8 billion is 1%. California is in the hole $234 billion. Both states must have a massive number of employees.
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63 sats \ 1 reply \ @Undisciplined 21 Mar
WTF Kentucky?
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42 sats \ 0 replies \ @kepford OP 21 Mar
Right? That was the most surprising thing to me.
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21 sats \ 1 reply \ @Bell_curve 21 Mar
I hate the word public pension. It’s not for the people or public. It’s for public sector employees.
The idea that taxpayers have to partially support the pension of government employees is an abomination
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21 sats \ 0 replies \ @kepford OP 21 Mar
Yeah, they aren't public sector. They are government sector. Public is a psyop word I've been trying to remove from my vocabulary
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0 sats \ 1 reply \ @Bell_curve 21 Mar
Look at California and DC.
I say let them starve.
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0 sats \ 0 replies \ @kepford OP 21 Mar
DC is doing better than almost all states...
When I first looked at the chart I was confused as well. They are slightly over-funded. Why do you single those two out though? Shouldn't they all stand or fall on their own?
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0 sats \ 0 replies \ @Bell_curve 21 Mar freebie
Public sector unions do a good job of playing the poverty card.
https://www.cnbc.com/2024/03/21/biden-to-forgive-5point8-billion-in-student-debt-for-nearly-78000-borrowers.html
74,000 bucks of loan forgiveness per borrower