Weakening pensions is a choice, not an imperative. The crisis is political, not actuarial. – Susan Greenbaum,guest editorial, Al Jazeera America, October 20, 2014
With this thesis highlighted, Greenbaum, a retired professor of anthropology at the University of South Florida, has just published a guest editorial that provides in one place a useful example of the distortions, demonizing and inversions of logic used by those who fight against pension reform. To understand why public employees, and their union leadership, remain sincere in their delusions regarding pensions, Greenbaum’s missive may serve as Exhibit A. Because she has joined a chorus that is funded not only by the billions that are spent by public employee unions on political and educational propaganda each year, but also funded by elements of those same Wall Street financial interests they routinely deride.
Let’s examine some of these misleading arguments and tactics, in no particular order:
(1) Identify key reformers, demonize them, then accuse anyone… Read More