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Gidney N Cloyd

(19,834 posts)
Sat Nov 30, 2013, 02:15 PM Nov 2013

Illinois Public Pension Legislation - News Articles' Comments Need Some "DU Love"

(crossposted to Labor Movement group)
Illinois' pension problem is that for decades the government has been redirecting funds from the pensions to general spending rather than raising revenue or cutting back on spending (there's been some abuse of course but it's a drop in the bucket in comparison). Legislation is about to be introduced that would balance the solution on the backs of workers by trimming constitutionally promised benefits and gradually moving away from pensions to 401k plans. As usual the articles covering it are getting swamped with comments by anti-labor types and ALEC trolls repeating the memes of their corporate masters. Talking points include
- Unions evil
- Workers lazy
- Nobody else gets pensions anymore so why should public workers
- Don't make 'the tax payers' pay for this
- If you raise taxes the wealthy and businesses will flee the state
- 401ks are more affordable than pension plans
- The pensions are way too generous
Little of which stands up to factual analysis. Unfortunately these people are either ingenuous or relentlessly misinformed and impervious to reality. I've tried to defend the progressive pov but I'm outnumbered so I'm appealing to DU to check out some of the articles and lend your voice to the rights of workers and retirees.
If you google news for "Illinois Pensions" you'll see a variety of current articles from the
Chicago Tribune, Sun-Times, Crains, Reuters, and various regional Illinois papers. The Trib seems to attract the most trolls.
Here are a couple samples:
http://www.bloomberg.com/news/2013-11-29/illinois-legislative-leaders-try-to-sell-pension-agreement-1-.html
http://www.chicagotribune.com/business/breaking/chi-illinois-union-leaders-bash-pension-plan-20131129,0,5474819.story
And this last one is a guest piece in the Trib by a fabulously wealthy hedge fund manager who of course knows what's best for working people:
http://articles.chicagotribune.com/2013-11-29/site/ct-illinois-pension-reform-financia-ruin-1129-20131129_1_tax-increase-state-income-tax-bill

Any DU love we can put out there in these discussions could go a long way to helping the soon-to-be-screwn.

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Illinois Public Pension Legislation - News Articles' Comments Need Some "DU Love" (Original Post) Gidney N Cloyd Nov 2013 OP
Shared with many friends Omaha Steve Nov 2013 #1
Thanks! Gidney N Cloyd Nov 2013 #2
Update: Illinois workers fucked. Gidney N Cloyd Dec 2013 #3
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