Robbing the nest egg
Our pension schemes were planned back in the day when trade unions were on the rise and perhaps assumed to be expanding. It was also assumed that one could count on a good job to take us all the way to retirement. It was an age of relative prosperity, growth, and market profits for most small firms.
But in ideological ignorance, neglect, or complicity, our governments have fostered a culture of union bashing. Adopting the theological mantra of small government, they even attacked their own unions, even privatizing Crown jobs to further cut job security and pension plan sustainability.
Now, Harper wants to rob the nest egg of savings set aside to meet the old-age security demands. Or is it a hint that the books have been cooked and the cash shoveled out to pay bankers’ bonuses? The public debate should not be how we can fix the empty accounts, but who in government and the financial industries do we jail before they run their boodle to a Swiss bank.