Will Washington autocrats end up bailing out pensions (public and private) too?


Many of us have never seen a pension.

(From Of Two Minds)

We can anticipate a federal bailout of pension funds and one-time aid to state and local governments, but bailouts won’t repair the eroding foundations of tax revenues.

Cash-strapped taxpayers, many of whom may have lost their jobs, will be in no mood to absorb enormous tax increases to fund insiders, cronies and vested interests.

Reprinted from: https://www.ac2news.com/2020/03/will-washington-autocrats-end-up-bailing-out-pensions-public-and-private-too/

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