Reply to thread

Message

<blockquote data-quote="bacha29" data-source="post: 3974157" data-attributes="member: 58386">I think it comes down to what a navy admiral said a couple of years ago. &quot; In the future the Pentagon will be a pension administrator that kills a terrorist every now and then&quot; Given that today a fairly small percentage of military personnel actually do the fighting and dying the pension and healthcare is a major reason why people enlist and that&#039;s where the costs are. In keeping with that thought the retirement crisis is getting so bad that several states including mine are considering setting up a state managed pension plan that will require business&#039;s operating in the state who offer no retirement plan to pay into in behalf of their employees. Make sense given that states are getting crushed by applications for low income assistance benefits from people who worked all their lives making somebody else rich while they themselves came away with nothing when they could no longer do so.</blockquote>

[QUOTE="bacha29, post: 3974157, member: 58386"] I think it comes down to what a navy admiral said a couple of years ago. " In the future the Pentagon will be a pension administrator that kills a terrorist every now and then" Given that today a fairly small percentage of military personnel actually do the fighting and dying the pension and healthcare is a major reason why people enlist and that's where the costs are. In keeping with that thought the retirement crisis is getting so bad that several states including mine are considering setting up a state managed pension plan that will require business's operating in the state who offer no retirement plan to pay into in behalf of their employees. Make sense given that states are getting crushed by applications for low income assistance benefits from people who worked all their lives making somebody else rich while they themselves came away with nothing when they could no longer do so. [/QUOTE]

Verification