Are Public Pensioners Safe? | The Business Desk with Paul Solman | PBS NewsHour | PBS: "My own prognosis for public pensioners is pessimistic. Pension funds are in general underfunded, as we've reported early, again and again. They assume unrealistically high rates of return on their assets. They refuse to, or simply cannot, raise taxes on their citizens and businesses. The only alternative is to cut benefits. And that's happening with increasing frequency all over this land."
Tweet Follow @hogsatthetrough
Tweet Follow @hogsatthetrough
No comments:
Post a Comment