It's actually $3.2B over 2 years. And then there's that little problem of underfunded pensions ...
Dude, the problem is real and it's all over the place. The only place still living in the fantasyland is DC where they can get the Fed to print the money to cover it.
It was a nice run, but the whole scheme of handing out bags of cash was doomed from the start.
2 comments:
It's actually $3.2B over 2 years. And then there's that little problem of underfunded pensions ...
Dude, the problem is real and it's all over the place. The only place still living in the fantasyland is DC where they can get the Fed to print the money to cover it.
It was a nice run, but the whole scheme of handing out bags of cash was doomed from the start.
Oh well, it seemed like it was just too easy.
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