The Soapbox

hoolstoptheheels

Joined: 01/04/2001 Posts: 27018
Likes: 34293


It does happen in private industry - bankruptcy can


wreak havoc on pensions.

These cases are different and are so widespread across the country because the "bosses", or at least those paying the bills, are the taxpayers. And politics gets involved - things like "govt being all things to all people" being code for "big gov lib", or Dan's point up top, which at least looks to me like a conservative talking about the "evils of lazy fat cat govt workers retiring at 50 with all these guaranteed inflation adjustments, while industrious folks like me work our hands to the bone until we're 70!!"

Well, that was supposed to be the compensation to these "fat cats" for their low wages before retirement. That was the deal, and now we the taxpayers are reneging because the promises weren't realistic in the first place.

(In response to this post by 111Balz)

Posted: 06/22/2017 at 2:07PM



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Current Thread:
  Hey I have no pension. Eff you. ;) ** -- Seattle .Hoo 06/22/2017 1:22PM
  What we really liked was tax cuts. -- Shenhoo 06/22/2017 10:32AM
  It does happen in private industry - bankruptcy can -- hoolstoptheheels 06/22/2017 2:07PM
  Well said ** -- 111Balz 06/22/2017 8:32PM
  Ugh. A really tough blow to him. ** -- Shenhoo 06/22/2017 12:00PM
  They didn't third their taxes though. ** -- WahooRQ 06/22/2017 09:24AM
  The greatest generation? ** -- hokeyhokie 06/22/2017 09:12AM
  Sounds like the California experiment ** -- Tuckahokie 06/22/2017 08:51AM

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