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> You can't, politically speaking (and maybe legally too), cut the retirements Funny enough, that's what the current government did. They removed a law from th
by Izikiel43 5y ago
> You can't, politically speaking (and maybe legally too), cut the retirements
Funny enough, that's what the current government did.
They removed a law from the previous government which ensured that pensioners would be paid inflation + x% so that their real income won't decrease, and now the government decides on a whim what the pension raise would be (the pensions have been increased by very little very sparsely), effectively cutting retirements, as inflation eats through them.
They can't cut subsidies because most of their voters are poor, and if they touch that, shit hits the fan, whereas they don't give a shit about old people, since they lose them money and don't vote for them.
I'm so happy to have moved to the us and have a 401k and ira accounts the government can't touch.
- ajot 5y agoWell, I meant cut them in a "LOL, no more pensions for you, starve to death or something". But you're right, the use-the-LELIQs-to-increase-retirements plan is marching as intended.
- Izikiel43 5y ago> "LOL, no more pensions for you, starve to death or something". Yeah, they won't say they are doing that, but they are doing that.