What replaced those jobs? Even a lot of of those Vacuum tubes devices were
repaired via taking the tubes down to local multipurpose store with a tube
tester. We are probably going to,see a massive depression, even without a
religious war being expanded, because we overspend. 40% of our government
spending is borrowed or printed money. We have promised huge pension
dollars to government employees without funding them now like a private
pension would be. Where are the jobs to support this debt we will need to
service? I Think this debt service will be more akin to a bull servicing
a cow, to the public having to pay.
Unfortunately, not that many pensions in the private sector are
properly/fully funded. I served on my local union's pension fund board
for two terms, and our regs then and now required *no*
unfunded/underfunded liabilities, which is the way a pension should be run.
One thing to keep in mind...those right-wing politicians who claim the
government is "after your guns" are the very same politicians who
actually are coming after your Social Security.
Even badly funded private pensions, and even a few underfunded union
pension funds are a hell of a lot more solvent than government pension
funds. Is why Stockton, California declared bankruptcy. As well as
several other major cities wanting to do the same thing. And Social
Security is now considered a retirement plan. When did we fund it enough
to support such? Both parties and independents are going to have
to,address SS in a very short time.
Looks like
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