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Gotta use a throwaway because I'm going against the hive-mind. People were promised pensions on the backs of future generations; the money wasn't set aside for
by fargolime 12y ago
Gotta use a throwaway because I'm going against the hive-mind.
People were promised pensions on the backs of future generations; the money wasn't set aside for the pension. That's a form of Ponzi scheme. Considering how much harm they do to others, pensioners should be happy to get a payout and not cry if it doesn't. Just as unfair as reneging on a pension is expecting today's workers to forgo retirement to pay the pensioners.
The people to blame are the previous generations who allowed this mess to form, not the current workers struggling under the weight of the pensioners. Today's younger workers didn't agree to the contract the pensioners had. They were born into the unfair system.
The cover needn't be pulled out. Many of these people are effective millionaires getting $US70K or more a year for the rest of their life. They'll still survive when that's cut in half.
Downvote away!