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Reply #6: Well, it does sound pretentious, but the 401K has replaced the pension [View All]

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Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
hedgehog Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-24-07 05:20 PM
Response to Reply #3
6. Well, it does sound pretentious, but the 401K has replaced the pension
for some of us. (For others, the pension was just not replaced.) It's not just fat cats that would be hurt is the health insurance tanked all at once, but working people like school teachers, engineers and nurses.

True, the buggy whip companies went out of business, but there was a transition period. My question is about how we make the transition with the least pain.
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