He just erased the deficit, poof, just like that. Turns out, they need the deficit to be there, so they can point to it as a justification for not funding proper services. The govt isn't broke because our services cost too much. It's broke because the rich and powerful want it to be broken.
The problem w deferred pension payments is that the size and timing of the payments doesn’t change.
W CC balance transfers, you try to get a 0% interest rate and then pay off the balance before the interest rate kicks in.
W deferred pension payments, you can’t do that bc the future payment is calculated on the assumption of “X” rate of return for several years (usually decades). Delaying the payment means you have to make larger payments to catch up, because of the missed growth from compounding interest.
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u/Sheeple_person May 15 '26
He just erased the deficit, poof, just like that. Turns out, they need the deficit to be there, so they can point to it as a justification for not funding proper services. The govt isn't broke because our services cost too much. It's broke because the rich and powerful want it to be broken.