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POTUS 45.23 - Wrapped in the flag and carrying a cross

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Re: POTUS 45.23 - Wrapped in the flag and carrying a cross

alfablue said:
It's interesting that they turn their back on the unions that have been supporting them for so many years. They are more siding with the lords/owners than their own interest.
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I think because unions have been so gutted over the years they misplace their blame and think it's the union's fault rather than the govt's. At least that's my guess.
 
Re: POTUS 45.23 - Wrapped in the flag and carrying a cross

Jimjamesak said:
:rolleyes: Yeah, got that. Just because you don’t care about companies buying politicians doesn’t mean it’s not a problem.
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Special interests buy politician.
Sun rises in east.
Water: wet.

Tell me how to fix the system.
 
Re: POTUS 45.23 - Wrapped in the flag and carrying a cross

trixR4kids said:
I think because unions have been so gutted over the years they misplace their blame and think it's the union's fault rather than the govt's. At least that's my guess.
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Not entirely. The unions have made so many miscalculations over the last 40 years that their decline can be partially blamed on themselves. One huge miscalculation has been to suck up to politicians and governments that -- at least in this country -- have done nothing for labor in my lifetime. If you had all week I wouldn't have enough time to tell you how unions have failed their members in many ways since I first got involved in labor 30+ years ago. Big business and their government allies have harmed unions and working people more, but as someone right in the middle, I'd be shirking the truth and my duties if I did not acknowledge our our shortcomings.
 
Re: POTUS 45.23 - Wrapped in the flag and carrying a cross

WeAreNDHockey said:
Not entirely. The unions have made so many miscalculations over the last 40 years that their decline can be partially blamed on themselves. One huge miscalculation has been to suck up to politicians and governments that -- at least in this country -- have done nothing for labor in my lifetime. If you had all week I wouldn't have enough time to tell you how unions have failed their members in many ways since I first got involved in labor 30+ years ago. Big business and their government allies have harmed unions and working people more, but as someone right in the middle, I'd be shirking the truth and my duties if I did not acknowledge our our shortcomings.
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You can start with how the Unions denied their members their true worth and gave them a pension instead. And then the companies hired actuaries who can't add and subtract and the pensions disappeared faster than you can say "gone".

My dad just had his pension reduced AGAIN. A pension he was given as a promise in place of a salary. All lies.
 
Re: POTUS 45.23 - Wrapped in the flag and carrying a cross

No, they can add and subtract. That’s why defined benefit pensions are gone.
 
dxmnkd316 said:
No, they can add and subtract. That’s why defined benefit pensions are gone.
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Because individual people are better able to manage retirement risks through a 401k than a conglomerate of thousands of people sharing their risks through a pension.

This is what the GOP rank and file actually believes.
 
Re: POTUS 45.23 - Wrapped in the flag and carrying a cross

WeAreNDHockey said:
Those people who voted for trump are not going to abandon him. They aren't smart enough. Americans are far more stupid, on average, than the average liberal believes.
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As a fellow abhorrer [sic] of the POTUS I say get over yourself.



Regarding PR: 60% of the island’s power generation is still offline and more than 100k have already moved off the island.
 
Re: POTUS 45.23 - Wrapped in the flag and carrying a cross

WeAreNDHockey said:
Not entirely. The unions have made so many miscalculations over the last 40 years that their decline can be partially blamed on themselves. One huge miscalculation has been to suck up to politicians and governments that -- at least in this country -- have done nothing for labor in my lifetime. If you had all week I wouldn't have enough time to tell you how unions have failed their members in many ways since I first got involved in labor 30+ years ago. Big business and their government allies have harmed unions and working people more, but as someone right in the middle, I'd be shirking the truth and my duties if I did not acknowledge our our shortcomings.
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Sure I don't doubt that either, it's something I'd like to learn more about as, being in the under 30 crowd (for the next few months) and originally from WI, I haven't really seen unions hold a lot of power in my lifetime.
 
Re: POTUS 45.23 - Wrapped in the flag and carrying a cross

unofan said:
Because individual people are better able to manage retirement risks through a 401k than a conglomerate of thousands of people sharing their risks through a pension.

This is what the GOP rank and file actually believes.
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Right. But all I’m saying is pensions are expensive and complicated. I’m not saying it’s a good thing they’re being eliminated.
 
dxmnkd316 said:
Right. But all I’m saying is pensions are expensive and complicated. I’m not saying it’s a good thing they’re being eliminated.
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They're not any more complicated than an annuity or life insurance.

Expensive depends on who you ask. In the aggregate, they're not any more expensive than a similarly funded 401k, because at the end of the day, the goal is still to fund a person's retirement. The problem is 401ks are not funded at the same level, so they seem cheaper. They also place all the investment risk on the employee rather than sharing it with the employer.
 
Re: POTUS 45.23 - Wrapped in the flag and carrying a cross

dxmnkd316 said:
No, they can add and subtract. That’s why defined benefit pensions are gone.
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Defined pensions are gone because of risk. It is less risky for an employer to just give a certain amount of money to an employee today and let them invest it in a 401k than for the employer to take that money and invest it itself in such a way as to guarantee itself the money will be around when it's needed, in the amount that is needed.
 
unofan said:
They're not any more complicated than an annuity or life insurance.

Expensive depends on who you ask. In the aggregate, they're not any more expensive than a similarly funded 401k, because at the end of the day, the goal is still to fund a person's retirement. The problem is 401ks are not funded at the same level, so they seem cheaper. They also place all the investment risk on the employee rather than sharing it with the employer.
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Joe manufacturer isn’t in business to invest. He should stick to manufacturing which he knows
 
Re: POTUS 45.23 - Wrapped in the flag and carrying a cross

unofan said:
They're not any more complicated than an annuity or life insurance.

Expensive depends on who you ask. In the aggregate, they're not any more expensive than a similarly funded 401k, because at the end of the day, the goal is still to fund a person's retirement. The problem is 401ks are not funded at the same level, so they seem cheaper. They also place all the investment risk on the employee rather than sharing it with the employer.
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For the employer it’s more complicated than dumping the responsibility on the employee. I’m talking only from the perspective of the company.
 
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