A May audit report by the Postal Service's Office of Inspector General projected total retirement liabilities for the agency to be $401.6 billion, against total assets projected at just $338.4 billion, leaving a gap of $63 billion.Not Jeff, not unless we radically raise postal rates.
That leaves the tiny taxpayer, who covers about 20% of the liability that was incurred by Bezos and company.
This is not something that your standard conservative understands. Then when it comes to covering the pension, Jeff and all the Republicans will run and hide. We will hire more little brown entitlement slaves.
So, we can clearly this kind of fraud (and repub stupidity), default is an absolute right and necessity for millennials. Default is fair since repubs cannot count. There is no duty for millennials to suffer the 12 billion gift. We, therefore have created sandbox such that the level of swamp sewage become a bit better managed.
Why pick on the repubs? They are approving the free rider, after the fact, TBTF socialism. Sandbox can bypass the central bank, force the politicians to support multi currency. We got TOE.
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