By Jim Waters, includes “… The KRS publication offers a curious take on how it believes taxpayers benefit from this underwater retirement system. Quoting a national group’s numbers, it claims – apparently with a collective straight face on the part of its authors – that each dollar of the $1.9 billion paid to its recipients in 2016 ‘supported $1.43 in total economic activity in Kentucky.’ Really? Are we hardworking schmucks in the private sector missing out? Should we be sending our entire paychecks and savings to KRS to experience this amazing investment phenomenon for ourselves?”