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Guns and Pensions

K116 Wrote: Feb 19, 2013 12:12 PM
"A politician can win quite a few elections between now and eventually -- and be living in comfortable retirement by the time it is somebody else's problem" Oddly, many of the dumber ones will be retired and living on those very public pensions
Jeff2422 Wrote: Feb 19, 2013 12:15 PM
Most politicians get rich off of the insider information that they legally can use to their benefit. Then get richer in the private sector as a lobbyist/consultant. The pension is pocket change for golf bets.
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...