The Pension Bomb
Unsustainable retirement promises now total trillions of dollars. In fact, state and local governments face a $5 trillion dollar unfunded pension liability. And sadly, nobody cares. Politicians are busy funding their pork projects, unions care more about lining their pockets and the media is preoccupied by President Trump. Says consumer advocate John Stossel, “One day, no matter what the promise, we simply won’t be able to keep it.” He looks deeper into the issue on Stossel TV.
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