Reading this with some puzzlement - isn't the budget cycle in the US something like a year long, like most other nations? Accordingly, won't it be most of a year before any major changes that the new government makes come into effect?

Looking at what has been happening to e.g. the stock market, banking etc. internationally over the last few weeks, I can't help thinking that any change in government pensions policy will be relatively small potatoes. The BIG change will be that your pension buys far less than you expected, because the dollar will be worth a lot less. But that's being driven by the collapse of the banking system, not by any government.


Marcus L. Rowland
Forgotten Futures, The Scientific Romance Role Playing Game