Unless you think the money to pay pensions will magically materialize out of thin air in the future, I don't see what's artificial about it. They have obligations to pay and recognize them.
>> The artificial nature of the USPS's debt comes from the fact that congress passed an (unusual) requirement to make it prepay health & retirement benefits.
> Unless you think the money to pay pensions will magically materialize out of thin air in the future, I don't see what's artificial about it. They have obligations to pay and recognize them.
My understanding is every other entity that has similar obligations is allowed to pay them as they go.
> Unless you think the money to pay pensions will magically materialize out of thin air in the future, I don't see what's artificial about it. They have obligations to pay and recognize them.
My understanding is every other entity that has similar obligations is allowed to pay them as they go.