What are the political reasons public pensions are underfunded?

Question description

After reading the Dorfman article, “Public Pensions are Still Marching to Their Death”, respond to the following questions:

  • What are the political reasons public pensions are underfunded?
  • If the pension problem is political, what steps would have to occur to remedy the problem? Do you think such a remedy will ever take place?
  • If you do not see a remedy for the situation, what do you predict will happen to public pensions in the future?

Present your views in approximately 250 words in your initial discussion post. Utilize the course text, weekly lecture, and at least one other scholarly source. Remember to properly cite your sources.

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