To my point, here's just one, of the likely thousands (if not tens of thousands) of examples of just how bad this can be. This is a local example, yet, you can

To my point, here's just one, of the likely thousands (if not tens of thousands) of examples of just how bad this can be. This is a local example, yet, you can find the same thing at every level of government and other taxpayer funded organizations. It's a Ponzi scheme supported by taxpayer money. https://reason.org/commentary/californias-unfunded-pension-liabilities-will-burden-state-and-local-governments/ https://reason.org/commentary/californias-unfunded-pension-l... Illinois: https://www.illinoispolicy.org/illinois-state-pension-debt-climbs-to-144b/ https://www.illinoispolicy.org/illinois-state-pension-debt-c... New Jersey: https://www.njspotlightnews.org/2023/12/can-nj-keep-making-full-payments-public-worker-pension-fund/ https://www.njspotlightnews.org/2023/12/can-nj-keep-making-f... Yet, that's nothing compared to the Federal net unfunded liability of $30 TRILLION dollars (and rising), which is equivalent to 128 percent of GDP. This is INSANE. https://www.illinoispolicy.org/illinois-state-pension-debt-climbs-to-144b/ https://www.illinoispolicy.org/illinois-state-pension-debt-c... We are in a crisis that is unimaginable for most people. It would not be too much of a stretch to call it existential. How many multiples of GDP can we actually survive until the entire thing comes crashing down? So, yeah, all of the folks who's knee-jerk reaction is to downvote my reality-based post don't have a fucking clue. You'd think people on HN would at least make a little bit of an effort to do the math. Heck, ask ChatGPT if you are lazy!