Tag: public pensions
Have You Stress-Tested Your Financial Situation Lately?
In 1961, the year I was born, our national debt was $289 billion. Today, it’s $21.1 trillion. We clearly have a problem living within our means. We also have a problem managing our public pensions and our premiere safety net program, Social Security. Consider the following: According to Bloomberg, only two states in the union…
What Goody Are You Willing to Give Up?
Ask not what your country can do for you—ask what you can do for your country. —John F. Kennedy In twenty-one years of government employment, I contributed less than $10,000 to my pension. Starting last October, I began collecting that pension. Twenty thousand smackeroonies a year until Mrs. Groovy dies (Mrs. G decided she’s exiting…