When “Pension Reform” means making pensioners more vulnerable

Its not only workers who have to worry about having their jobs outsourced. Retirees pensions are under a similar threat as their former employers have to compete with overseas companies that don’t have such costs to weigh them down. Although Bush attempted to shore up pension programs Tom Delay’s Republican lobbyists from the “K Street project” have successfully made pensions more vulnerable than ever. Threatened American pensioners are better for a go-go economy.