'Retirement Heist': How Firms Trimmed Pensions : NPR
Right now, as we speak, corporations are sitting on over two trillion dollars in cash. They believe that if they wait until after the next election they will get more favorable options. Here is one of the ways they got that money, by stripping pension funds and then blaming it on the high costs of labor.
People just seem to fall for this claptrap time after time. It is really disheartening that the voters only listen to the little 10 second sound bytes and Rush Limbaugh.
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