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These people trusted politicians and look what it got them

doogiedoogie Member Posts: 15,072
in Tug Tavern
Another broken promise.

http://www.kentucky.com/news/politics-government/article175321961.html

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Comments

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

    Good for them.
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  • doogiedoogie 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.
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  • TurdBomberTurdBomber Member Posts: 19,964 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.
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  • TierbsHsotBoobsTierbsHsotBoobs Member Posts: 39,680
    TurdBuffer said:

    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.
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  • TurdBomberTurdBomber Member Posts: 19,964 Standard Supporter
    TierbsHsotBoobs said:

    TurdBuffer said:

    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.
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  • 2001400ex2001400ex 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
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