What's the political economy of this kind of stuff? I can understand that the plutocrats want to cut incomes, benefits, retirement security etc for the working class to keep their labor force docile, but what can they possibly gain by screwing very old retired people who will never be in the labor force again?
Is it just sheer bloody-minded sadism? Cruelty just for the sake of it? -raghu. On Wed, Dec 10, 2014 at 4:08 PM, Louis Proyect <[email protected]> wrote: > When Congressional gridlock does not apply. > > > http://www.washingtonpost.com/business/economy/congressional-leaders-hammer-out-deal-to-allow-pension-plans-to-cut-retiree-benefits/2014/12/09/4650d420-7ef6-11e4-9f38-95a187e4c1f7_story.html > _______________________________________________ > pen-l mailing list > [email protected] > https://lists.csuchico.edu/mailman/listinfo/pen-l >
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