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Reply #52: So what if they do? [View All]

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sulphurdunn Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-14-11 06:40 PM
Response to Reply #44
52. So what if they do?
Exactly what does unsustainable mean? I think it means that less than 1% of Americans can continue to skim 35% of the national income and own 80% of the financial wealth. It means that someone who's put his or her butt on the line for 20 years in a hazardous public service job might live long enough after retirement to enjoy it. What is not sustainable are hedge fund managers making $3 billion a year and paying lower effective tax rates than I do, banks that require trillions of dollars in public debt guarantees, states that won't raise taxes for any reason but subsidize corporations that don't create jobs, half the federal budget going to military spending when no credible threat to our armed hegemony exists, corporations that are rewarded with tax breaks to outsource the manufacturing and service base of the country, and on and on... Unsustainable public pensions my ass!

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