Amid so much economic uncertainty, many are rethinking career plans, putting off marriage and avoiding the stock market like the plague.
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#151 Aug 24, 2011
Obama is a loser.
“Headed toward the cliff”
Since: Nov 07
Tawas City, Michigan
#152 Aug 24, 2011
Only 17% of the military stay for 20 years, which in 2012 will cost the taxpayers a total of $20 billion. A drop in the bucket.
But every drop does add up; that's why the Congress is likely to approve the Pentagon's recommendation to dump the 20 yr retirement and replace it with a 401k type system. The estimated $260 billion in cost savings over 10 years will more than pay for the current $20 billion a year retirement costs.
Though I'm glad I retired under the current system, I would still have served under a 401k type system.
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