Sure, I am the dipshit. This is the effing broke mindset that just ignores that EVERYTHING derives from the productive economy that produces. By increasing benefits to people the cost of that has to be born by taking from the productive economy. The better solution is to allow people to earn what they need in the productive economy and pay for what they need themselves. Redistribution through government is the most inefficient method. And if you don't believe that, let me introduce you to my leftcoast neighbors all retired in their 50s from the government jobs.
1950-1975 - mostly pre civil rights. Really? Scandinavian countries that are 80% ethically homogeneous, the GDP and population of Wisconsin and absolutely love free market capitalism? UK pre-Thatcher is like so historical. Why not go back even further? But then what would you type all this brilliance on after getting on your time machine and going back to a time that you romance as better?
My question is a real one. What countries today are the model we should follow? Because if they don't exist, then you are just pursuing some irrational fantasy.
Believe it or not, designing working social systems has been a primary focus of many people throughout the history of human life. If there was ever a better system, it would have been tried and realized by now.
My neighbor is a retired gubmt worker at 58 (retired at 60 but had two years worth of sick leave accrued that he was credited with). He is now 74. Will likely live until 90+. He gets a six figure pension. Healthcare covered for life. He retired as a mid level manager. He started working for the government at age 20. His pension was 3% @ 30... so after 30 years on the job he retired with 90% of his pay for the rest of his life. Inflation adjusted of course.
So he put in 28 years on the job, and will likely be retired for 42 or more years. The present value of that pension and his healthcare benefits are over $5 million.
Sure he paid $5 million into his retirement benefits over those 28 years.
YouтАЩre right. Most people go into local government work for the money. Also please note someone retiring now has a very different benefits picture than people who were hired since the 90s passed into the mists of time.
Sure, I am the dipshit. This is the effing broke mindset that just ignores that EVERYTHING derives from the productive economy that produces. By increasing benefits to people the cost of that has to be born by taking from the productive economy. The better solution is to allow people to earn what they need in the productive economy and pay for what they need themselves. Redistribution through government is the most inefficient method. And if you don't believe that, let me introduce you to my leftcoast neighbors all retired in their 50s from the government jobs.
Please point to a country that models your favored system. And why are you not living there and still living here taking up space?
I ask this in all seriousness.
1950-1975 - mostly pre civil rights. Really? Scandinavian countries that are 80% ethically homogeneous, the GDP and population of Wisconsin and absolutely love free market capitalism? UK pre-Thatcher is like so historical. Why not go back even further? But then what would you type all this brilliance on after getting on your time machine and going back to a time that you romance as better?
My question is a real one. What countries today are the model we should follow? Because if they don't exist, then you are just pursuing some irrational fantasy.
Believe it or not, designing working social systems has been a primary focus of many people throughout the history of human life. If there was ever a better system, it would have been tried and realized by now.
Yeah because they paid a larger than typical percentage of their paychecks into a pension and retired after 30 years.
LOL. No. That is a myth and a half.
My neighbor is a retired gubmt worker at 58 (retired at 60 but had two years worth of sick leave accrued that he was credited with). He is now 74. Will likely live until 90+. He gets a six figure pension. Healthcare covered for life. He retired as a mid level manager. He started working for the government at age 20. His pension was 3% @ 30... so after 30 years on the job he retired with 90% of his pay for the rest of his life. Inflation adjusted of course.
So he put in 28 years on the job, and will likely be retired for 42 or more years. The present value of that pension and his healthcare benefits are over $5 million.
Sure he paid $5 million into his retirement benefits over those 28 years.
His story repeats all over the country.
YouтАЩre right. Most people go into local government work for the money. Also please note someone retiring now has a very different benefits picture than people who were hired since the 90s passed into the mists of time.
Maybe if you werenтАЩt so lazy and made good financial decisions you could retire at 50 too. Sounds like youтАЩre jealous.
Sorry, I couldnтАЩt resist.