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Subject:  Re: Proposal to end public pensions Date:  7/11/2013  8:18 PM
Author:  jerryab Number:  428535 of 535032

Why take away money from people as taxes at all?

Because the "print money" option is a last resort--not an ongoing operation.

The real problem is basing pay on productivity. Extremely high productivity means far less need for labor to do paid work. So more and more people are not needed in the workforce. So, what do they do to earn money? There are no jobs--literally. The economy as a whole has to change.
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