| We hear the same refrain across the nation: public sector pensions are destroying our economy. The modest pensions paid to teachers, police officers, firefighters, and social workers are a threat to our future. Matt Taibbi examined these claims in the article in Rolling Stone linked on this Ravitch blog, along with
David Sirotaà ‚¬ „ s report à ‚¬Å"The Plot Against Pension," and his "exposà © of the PBS deal to take $3.5 million," and how Sirota discovered that the Arnold Foundation underwrote a Brookings report on public pensions. Ravitch ponders: The puzzle: why would a multi-billionaire devote so much effort to stripping people of modest pensions that they earned for working 25-30 or more years? What is it that he finds so troubling about a man or woman receiving $40,000, 50,000, or 60,000 a year in retirement? Would he prefer penury for pensioners? Read it and weep or rage or get active" |
Read the rest of the story HERE:
At dianeravitch.net
At dianeravitch.net
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