Steve's barking at the time bomb that doesn't excist

I keep hearing from those non-thinking think tanks that we in the United States have a major problem of underfunded pensions that can't be paid in full.
Welll let me put my 2 cents on this discussion. I guess those underfunded private pension funds will have to forgo giving out dividends for several quarters or take one for the team and have another expense of funding their short falls now. As far Public pensions, I guess those that are underfunded  will have to slightly raise their taxes. Now none of this would have to be if pensions were being funded
100% and not have the formula change in good times.
Now I live in New York State, and according Now to make this long story a little shorter, the Manhattan Institute claims this isn't true, if one would take the accounting practice of private industry this may not be true. Now I've seen the accounting practices of Arthur Anderson who used to be one of the big five, now there are only four accounting firms. (The Anderson firm no longer exist).

I checked the other day with social security and since 1940 till 2010 those reaching 65 can expect to live 5 more years in 2010 then in 1940.  Since 1980 till 2010 a little less then 2 in 30 years. So much for
living so much longer then, then now.

It's time for me to make what those unthinking think tanks would consider heresy, but if we can't meet our pension obligations it would mean that our economy is far gone we all should get a gun and blow our brains out.