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These people trusted politicians and look what it got them

Comments

  • TierbsHsotBoobs
    TierbsHsotBoobs Member Posts: 39,680
    It looks like they are trying to fix a broken system.

    Good for them.
  • doogie
    doogie Member Posts: 15,072
    Let's see how excited KY household's are going to be adding $3,200 to their personal debt load to bail out broken promises that run counter to their own long term interests.
  • TurdBomber
    TurdBomber Member Posts: 20,041 Standard Supporter
    edited September 2017
    Illinois is going bust. KY will be close behind. Seattle and parts of WA will too.
    When will the unions wake up and realize the politicians will promise absolutely anything when the bill doesn't arrive until 10-30 years later? Wake the fuck up.
  • TierbsHsotBoobs
    TierbsHsotBoobs Member Posts: 39,680

    Illinois is going bust. KY will be close behind. Seattle and parts of WA will too.
    When will the unions wake up and realize the politicians will promise absolutely anything when the bill doesn't arrive until 10-30 years later? Wake the fuck up.

    Boomers don't give a fuck about those of us who will bee in their shoes in 20-30 years.
  • TurdBomber
    TurdBomber Member Posts: 20,041 Standard Supporter

    Illinois is going bust. KY will be close behind. Seattle and parts of WA will too.
    When will the unions wake up and realize the politicians will promise absolutely anything when the bill doesn't arrive until 10-30 years later? Wake the fuck up.

    Boomers don't give a fuck about those of us who will bee in their shoes in 20-30 years.
    No generation does, outside of the family.
  • 2001400ex
    2001400ex Member Posts: 29,457
    It's funny the journalist and y'all don't even get the core reason this is an issue right now. Besides the obvious that they didn't fund it enough in prior years. But why did they not discover the pension was severely underfunded right now?

    The liability was changed because of an accounting standard that changed the interest rate and the method governments use to calculate future earnings.

    Not to mention that doogieFS posted this as a slight to Democrats. Hmm....

    https://en.m.wikipedia.org/wiki/Political_party_strength_in_Kentucky