2009-11-02townhall.com

" President Obama often states that the federal budget cannot be balanced without health insurance reform. Even if that were true, the real crisis that exists already and will only worsen over time comes from the horrendous obligations taken on by state and local governments for public employee pension plans."



Comments:

tvsterling at 08:31 2009-11-03 said:
There is a huge fallacy in this argument. It a$$umes that the country will never recover. Right now the pension plans are down because the stock & bond markets are down. When they recover; magic, magic the pensions will be sustainable again. I don't think anyone out there is that big of an ultra bear to believe we will NEVER recover. A lot of typical cheap right wing propaganda & union bashing in there too but I'll let that pa$$. Permalink

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