Re state unions. Very possible the consequences of fewer worker dollars to support pension liability ponzi (this is not a biggie though, shortfalls can be increased through taxes). I think the union leaders are looking at a loss in dollars for campaign contributions.
Bingo. Plus the average American is way more concerned with their smartphone, facebook account, etc. You know, the "important" stuff.
Its the same reason people do not want to save money to buy that big screen TV next year. They want it all NOW, so they put it on their credit card and figure they will pay later. For some reason people think its cheaper to pay $40 per month for 5 years for that HDTV, than pay $1,400 cash right now. I dont know...maybe $1,400 sounds like ALOT of money and $40 is something they can live without. They dont realize they are paying nearly twice as much over 5 years.
The answer is simple Grasshopper, but Queen said it best. Adventure seeker on an empty street, Just an alley creeper, light on his feet A young fighter screaming, with no time for doubt With the pain and anger can't see a way out, It ain't much I'm asking, I heard him say, Gotta find me a future move out of my way, I want it all, I want it all, I want it all, and I want it now, I want it all, I want it all, I want it all, and I want it now, Listen all you people, come gather round I gotta get me a game plan, gotta shake you to the ground Just give me what I know is mine, People do you hear me, just give me the sign, It ain't much I'm asking, if you want the truth Here's to the future for the dreams of youth, I want it all, I want it all, I want it all, and I want it now, I want it all, I want it all, I want it all, and I want it now, I'm a man with a one track mind, So much to do in one life time (people do you hear me) Not a man for compromise and where's and why's and living lies So I'm living it all, yes I'm living it all, And I'm giving it all, and I'm giving it all, It ain't much I'm asking, if you want the truth, Here's to the future, hear the cry of youth, I want it all, I want it all, I want it all, and I want it now, I want it all, I want it all, I want it all, and I want it now
Why don't the public care about long-term solvency? Cuz the "public" has no idea what solvency is, nor do they care.
Because "public" don't feel like footing the bill for crooked Republican politicians (and their wars), Wall Street bullshit and all the thieves that run the money system. Public want to see the current system self destroy itself. People have been self-reliant for thousands of years and can do without Wall Street, budgets, taxes, etc. Time to get rid of the parasites.
First take away the percentage of the public that either has no skin in the game (no assets, savings etc), pays no taxes, and/or is actively receiving transfer payments from the government. Then take away the percentage who simply do not have the intelligence to understand how economics and politics interact and how the monetary system works. Then take away those who understand the problem but are rooting for it to fall apart so it can be replaced by their vision of utopia (socialism, greenism, yeoman farmers bartering with gold, the rapture, etc). Finally take away those who think "it can't happen here" and how much of the public is actually left?