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when a company goes bankrupt, should the government bail out pension funds?
2 Answers
- Spock (rhp)Lv 71 decade agoFavorite Answer
no
pensions are a private agreement between an employer and its workers.
if government is to, in essence, guarantee this private agreement, why shouldn't it then guarantee other private agreements, and therefore, all private agreements?
and then there would be no private agreements at all because government would reasonably restrict those agreements it thought improper or foolish.
and we'd be socialist.
- Anonymous1 decade ago
No. Are we ever going to get back to where people are responsible for their own lives?
