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February 4, 2025 49 mins
In this episode, Joe Grogan speaks with Professor Josh Rauh about the ongoing pension crisis in the United States, focusing on the inefficiencies of government pension systems and the impact on taxpayers. They explore the history of government pensions, the shift from defined benefit plans to 401(k) plans, and the alarming statistics of underfunded pensions in major cities like Chicago. The conversation also delves into potential budget cuts under the new DOGE initiative and the urgent need for fiscal responsibility in government spending to address America’s growing financial challenges. Tune in to learn how these issues could shape the future of government efficiency and public pensions.
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