Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Sekhmets Daughter

(7,515 posts)
3. Until the Labor Movement
Tue Jun 5, 2012, 02:54 PM
Jun 2012

won pensions for wage earners people worked until they died. Social Security provided benefits for those without pensions and was expanded to include every one. Over the past 30 years fewer and fewer wage earners have a private pension and only about 50% of the work force has a 401K so people are working longer because they cannot afford to retire. Then you have people like the CEO if AIG who is 70 and not stepping down.... We have become a nation obsessed with money and the things money can buy.... We seem to be cheerfully eating our young and there doesn't seem to be much will to stop it.

Latest Discussions»General Discussion»Employment for those 55 a...»Reply #3