C
Crocus
Guest
Not everyone is privileged to have a pension, and a lot of people live precariously. The free market is opposed to solidarity of the papal encyclicals (cramps its style).Anyway I was very surprised to find that conservatives oppose pensions because that doesn’t sound like any republican and conservatives I know.
Certainly there can be different ways of achieving such justice; is there a goal by which to measure success? I personally feel discouraged to see payday loan offices (symptom of people living on the edge), people on corners with signs “Homeless. Anything will help” (symptom of multiple ailments of society). Not far down the street are blocks of mansions with security gates and video cameras. Statistics show it is not getting any better for the poor, the vulnerable.
From the article linked below, just cuz you mentioned pensions:
The BLS overview shows that pension coverage is much higher in the public sector (78 percent) and among unionized workers (67 percent) in the private sector. In contrast, only 13 percent of non-union private-sector workers are covered. The drop in private-sector coverage reflects both a decline in unionization and a decline in coverage among both groups of workers (union and non-union), though the decline was more pronounced among non-union workers.
Private-sector pension coverage fell by half over two decades
The most recent issue of the Bureau of Labor Statistics’ Monthly Labor Review provides a wealth of interesting—and depressing—statistics about pension coverage in the United States. The BLS’ “visual essay” documents the decline in defined benefit pensions, which now cover 18 percent of...
www.epi.org
Those pensions are not guaranteed to be handled ethically for employees, will it be there for them? Maybe not, free market not necessarily responsible.
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