/biz/ - Business & Finance

>>19438031
>successful compared to worst outcomes
You've been watching the market too much. Just because it's not the worst doesn't mean it's good. 2/10 isn't good because it's not - 1/10. I would say the CA reopening is looking like a 3/10 or a D on an A to F scale.

>>19438133
>Tried to uh change the retirement benefits for current employees. Which is a big fat no no for a lot of reasons.
He's right to find ways to make cuts. These pensions promises too much and are going to bankrupt the whole fucking nation. If we can't reasonably limit the payouts, it seems like hyperinflation is the only way out imo.

>>19438442
>save the pensions
We can't do it without higher taxes or killing the geriatric. It's petty much impossible. These pensions have a long lasting negative pressure on the economy.

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