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Yes, the US/Canada system has created an enormous unfunded pension and over staffing that Congress has been unable to fix. Europe was a lot worse,(varies by cou
by aurizon 2y ago
Yes, the US/Canada system has created an enormous unfunded pension and over staffing that Congress has been unable to fix. Europe was a lot worse,(varies by country) that they were forced to cut the Gordian knot.
https://en.wikipedia.org/wiki/Gordian_Knot https://en.wikipedia.org/wiki/Gordian_Knot
France has a curious system of ministry companies that are set up for - say 20 years, and all employees know it is over in 20 years. Then a newco is formed that does not hire the deadwood.
https://www.gao.gov/blog/u.s.-postal-service-faces-more-financial-losses-how-can-it-stem-tide#:~:text=The%20Postal%20Service's%20poor%20financial,for%20more%20than%2015%20years https://www.gao.gov/blog/u.s.-postal-service-faces-more-fina....