The New York Times, facing
an unsustainable fiscal future, is messing with folks' pensions, so the folks are taking things to the public
in hopes of ginning up some sympathy.
Except the public, with nearly all not having such a thing as a pension,
yawns at the whining white people.
The world has changed. It is not 1939 anymore.
The Old Gray Lady is dying and is rife with cancer. It is the cancer of her own liberal worldview.
And that cancer will ultimately kill her.
Here is the problem with the way these people think: They essentially want to be paid double. Once while they are working and then while they are retired.
ReplyDeleteA long time ago, this could be done. People with civil servant salaries and the like made much less than their counterparts in the private sector. They "paid" for this difference by getting more job security and better benefits, including a pension plan.
But, in the modern world, these job categories no longer are paid less than the private sector equivalents. It is not uncommon for police and firemen to be making well over $100,000 per year, and then retiring at a young age and collecting 75% of that salary for the rest of their lives.
These compensation plans are no longer sustainable. They are no longer sustainable for our government workers and teachers, and they are no longer sustainable for the unionized employees of the New York Times.