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A comment on Last Person to Receive Civil War-Era Pension Dies. Parent comment
EconTalk: John Cogan on Entitlements and the High Cost of Good Intentions http://www.EconTalk.org http://files.libertyfund.org/econtalk/y2017/Coganentitlement...
Ironically, everyone here seems to be angling at the political angle, not the fact that pensions can be easily survive well beyond what they were intended, especially public ones.
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EconTalk: John Cogan on Entitlements and the High Cost of Good Intentions http://www.EconTalk.org http://files.libertyfund.org/econtalk/y2017/Coganentitlement...
Ironically, everyone here seems to be angling at the political angle, not the fact that pensions can be easily survive well beyond what they were intended, especially public ones.