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What if the constitution made sense? It isn't that pension funds become underfunded one day to the next, these are crises that are long time in the making, the
by HarryHirsch 11y ago
What if the constitution made sense? It isn't that pension funds become underfunded one day to the next, these are crises that are long time in the making, they are political crises. In essence, they need to fall back on all the electorate.
rayiner, I have seen you make this same argument about police misconduct. The police are citizens representatives, if they are out of control, the same citizens need to pay. Why should pension funds, especially the kind that isn't town-sized be treated different?
- rayiner 11y agoWhen you make taxpayers pay for police misconduct, the people that are paying are the same ones that voted for the police chief that made that environment possible. But current taxpayers didn't vote for these generous pension programs--their parents and grandparents did. I'm a big believer in democracy over pretty much anything else. There is nothing democratic about one generation binding the discretion of future generations. At the federal level, democracy is still operative. The decision whether to raise taxes or cut benefits (or some combination of both) will be left to the people who will actually have to pay those taxes. At the state level, democracy has been subverted by the courts telling voters what they should do with their tax dollars.