Quote:
Originally Posted by Cecil Terwilliger
Maybe instead of blaming the people who are paid fairly in retirement, the people who earn $50k or $60k should start blaming their employers for hoarding profits and underpaying them?
Why do we always want to drag those who get to retire comfortably down? Why aren’t we trying to fight for better retirements for those getting screwed?
Misery loves company I guess.
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The money has to come from somewhere. Why do you assume every employer earns so much profit that they can pay DB to all of their employees? Do you think BestBuy or London Drugs can just take on hundreds of millions more in liabilities in a retail climate where former retail giants like Sears are going bankrupt? How about your local pizza joint, liquor store, or landscaping company? Can they just jack up prices by 30 per cent to pay everyone better and provide them with 30 year guaranteed pensions?
Then there’s the skewed notion of who’s wealthy. When I hear someone who earns $90k (likely married to another person who earns $80-120k) say the wealthy should pay more I just have to chuckle.
You are the wealthy. You’re one of the winners of the modern economy. Defending your privileges as sticking up for the common man is self-serving.
If we want to sustain our current programs and services (never mind improve them)
everyone will have to pay more. So a GST/PST of 15-20 per cent. Higher income taxes across the board. And increased retirement age. For everyone.