tag:blogger.com,1999:blog-11719208.post8539591923419789703..comments2023-11-05T04:36:14.223-08:00Comments on The Mess That Greenspan Made: Friday morning linksTimhttp://www.blogger.com/profile/16530974968126497397noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-11719208.post-73873346260521787852010-02-19T06:28:31.795-08:002010-02-19T06:28:31.795-08:00The AP headline reveals the real issue--States Mus...The AP headline reveals the real issue--States Must Fill $1 Trillion Pension Gap. The implication is that the money needs to be raised. Why not just reduce the amount of pensions payable to meet the amount of money available and declare victory?<br /><br />I know it's not "fair" to the employees and retirees, but surely it is also not "fair" to ask current and future taxpayers to scrimp and give up money to pay obligations they never received any benefit from.<br /><br />The temptation to take Choice B from above will become more and more enticing every day.But What do I Know?noreply@blogger.com