I just received my annual TCP-1 letter from LLNS and a summary of the LLNS Pension Plan. Looked in pretty good shape in 2013. About 35% overfunded (funding target attainment percentage = 134.92%). This was a decrease from 2012 where it was 51% overfunded (funding target attainment percentage = 151.59%). They did note that the 2012 change in the law on how liabilities are calculated using interest rates improved the plan's position. Without the change the funding target attainment percentages would have been 118% (2012) and 105% (2013). 2013 assets = $2,057,866,902 2013 liabilities = $1,525,162,784 vs 2012 assets = $1,844,924,947 2012 liabilities = $1,217,043,150 It was also noted that a slightly different calculation method ("fair market value") designed to show a clearer picture of the plan' status as December 31, 2013 had; Assets = $2,403,098,433 Liabilities = $2,068,984,256 Funding ratio = 116.15% Its a closed plan with 3,781 participants. Of that number, 3,151 wer...
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Some of the pro-Trump media sources, are also now valuable for gaining insight into his plans of course. I am finding it quite bewildering to figure out exactly what he plans to do.
Wright's company Liberty Energy has an "ESG" report on their website that is well worth reading to gain insights into what he stands for:
https://libertyenergy.com/esg/bettering-human-lives/
Trump ushers in so-called Golden Age
Trump ushers in "Golden Age"
One reason to doubt Trump's claims of a Golden Age is that he plans to fire many people, of course, at a time when AI is making many workers redundant, it may be hard for them to find other jobs, and it will make jobs harder to find for other job seekers. Programs that would help those out of work may also be cut.
And it could especially hurt older workers, who had expected to earn and save the most in the years preceding retirement.
Perhaps deregulation will create many opportunities though for these displaced workers, whether it be from the flourishing "greed and corruption" making the economy less efficient, or from companies which become more viable and efficient through deregulation.
Deportations would create more jobs for citizens, perhaps, but there are also a lot of American citizens employed in industries that hire immigrants and which may no longer be viable. Automation, AI, and robotics could benefit of course as a means to substitute for cheaper labor.
Naturally, many private-sector companies have already implemented similar measures, which have been viewed as a success towards shareholder returns.
I do think however, that cost may not be a primary concern in terms of managing weapons laboratories or nuclear-related programs. Trump's "peace through strength" programs would evidently require a strong nuclear deterrent, and he has made statements to that effect any number of times. And certainly he is a wealthy man, who appreciates things that are finely crafted.