At my job I happened to talk to two currently serving Navy sailors based at Groton, Connecticut. I asked them if they are staying in for 20. They weren’t so sure about it, precisely because retirement benefits are threatened by the Obama administration. I said, “But there’s enough money for welfare benefits and English as a second langauge classes for immigrants!” They knew all about it and were furious.
As far as I can see, the people in this country who matter know what’s going on.