Great article by Craig Simmons: "If the rules of engagement with - TopicsExpress

Great article by Craig Simmons: "If the rules of engagement with respect to the public pension remain unchanged, then the young will help pay for old people’s retirement with no quid pro quo. Older people are, in fact, forcibly requiring young people to participate in the equivalent of a pyramid/Ponzi scheme. Young people could reasonably expect, at the very least, a renegotiation of public pension schemes. They could demand an immediate cessation of all pension payments until actuaries prepare a comprehensive plan to significantly reduce the liabilities of all government pension funds."

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