|
The Motley Fool Discussion Boards
|
Previous Page | |
|
Investment Analysis Clubs / Macro Economic Trends and Risks |
||
|
URL:
http://boards.fool.com/but-weve-been-doing-it-for-decades-with-no-30775773.aspx
|
||
| Subject: Re: Proposal to end public pensions | Date: 7/13/2013 12:28 PM | |
| Author: jerryab | Number: 428679 of 517365 | |
|
But we've been doing it for decades (with no apparent ill effects). Heck we've done about 100% of GDP of it so far. And govt shut downs, sequesters, etc. It began to become a serious problem under Reagan, Clinton stabilized it with plans to pay off the US National Debt by the end of 2010, and GWB sank it like a rock. So much for the "no apparent ill effects" claim). |
||
| Copyright 1996-2017 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us | ||