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Guns and Pensions

egalle Wrote: Feb 19, 2013 12:29 PM
Pensions, the hidden agenda of all government employees. Taxpayers need to be educated on who gets what , & when. Then there might be a legitimate outcry on where to target spending.
A nation's choice between spending on military defense and spending on civilian goods has often been posed as "guns versus butter." But understanding the choices of many nations' political leaders might be helped by examining the contrast between their runaway spending on pensions while skimping on military defense.

Huge pensions for retired government workers can be found from small municipalities to national governments on both sides of the Atlantic. There is a reason. For elected officials, pensions are virtually the ideal thing to spend money on, politically speaking. Many kinds of spending of the taxpayers' money win votes from the recipients. But...