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1st retiree - he's the one who thought this thing up !!
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19 to support the 1
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352 to support the 19
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A union worker back East who retires on $90,000 a year, is part of a
legacy program that falls off the end of the world after three generations,
if not before. What you see here, is a chart showing how many workers it takes to
support such a retirement program. As you look, you must admit to yourself that
these program only work, financially, FOR ONE STINKING GENERATION.
This chart is exactly why California unions owe themselves 500 million
dollars and will never pay for their retirement without a taxpayer bailout.
Anyone remember that "stupid gene" we talk about on this blog?
Well, here it is .
Glenn Beck's FoxNews show, today, is one of his best. This is his illustration.
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