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First wages, now pensions

March 26, 2009

Today’s T-J includes an editorial decrying defined-benefit pension plans. Really, there’s nothing like a recession to bring out the classic bait and switch. Economy collapses because of greedy, unregulated capitalists? Hey, look over there: there’s a pensioner who can afford more than cat food! But, dear reader, don’t be too depressed; be sure to read the comments, where it is clear that readers can see what’s going on.

And re. the last line?: “Will [t]his government be bold enough to find a solution that protects taxpayers as well as public servants?” The last time I looked, public servants were also taxpayers. Significant taxpayers. Unlike big business under the new budget …

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