#public pensions

Have You Stress-Tested Your Financial Situation Lately?

Posted on by Mr. Groovy

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 …

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What Goody Are You Willing to Give Up?

Posted on by Mr. Groovy
A picture of JFK addressing Congress

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 …

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