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re: Will California elect another democrat governor next year?

Posted on 12/18/17 at 10:19 pm to
Posted by Papplesbeast
St. Louis
Member since Dec 2014
826 posts
Posted on 12/18/17 at 10:19 pm to
quote:

It’s unfunded pension liabilities are far greater

Unfunded liabilities are not debt. They're not the same thing. Do you count medical care that you'll need to pay for 20 years from now as part of your debt?
Posted by ShortyRob
Member since Oct 2008
82116 posts
Posted on 12/18/17 at 10:31 pm to
quote:


Unfunded liabilities are not debt. They're not the same thing. Do you count medical care that you'll need to pay for 20 years from now as part of your debt?



LOL.

More like.

Do you count that loan you don't have to start paying back till 5 years from now as debt?

Why yes. Yes i do. Cause I'm not an idiot
Posted by udtiger
Over your left shoulder
Member since Nov 2006
99821 posts
Posted on 12/19/17 at 6:14 am to
quote:

Unfunded liabilities are not debt. They're not the same thing. Do you count medical care that you'll need to pay for 20 years from now as part of your debt?


If you were legally obligated to pay those medical expenses, to not consider it as debt in some fashion is financially unsound
Posted by BBONDS25
Member since Mar 2008
49043 posts
Posted on 12/19/17 at 6:15 am to
quote:

Unfunded liabilities are not debt. They're not the same thing. Do you count medical care that you'll need to pay for 20 years from now as part of your debt?


Yikes.
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