unfunded liabilities

It seems that every day on the internet I come across another comment from an angry person on how Republicans, Tea Party Republicans in particular, want to cut some important program: Social Security, Medicare, and even the military’s…
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Public sector unions are on strike again in Greece. The country, saddled with heavy debt, primarily from overly generous entitlement programs, is continuing with austerity measures required as part of a bailout from the European Union. An…
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