Pensions
Ah, that.
Does it mean that US pension system subsidizes any business that fails and also provides a free loan to any startup business? That is, a business has to pay the entire pensions until it is bankrupt - at which point the taxpayers pay the pensions of the bankrupt businesses but the good businesses still owe the pensions of their retirees - and also, a startup business can not worry about paying pensions until their workers start retiring?