I respectfully request that you put aside whatever you are doing right now and spend the next six minutes watching the video below, The Value of Our Pension and What’s At Risk. Produced by the union representing Times employees for its members at the Times, the video stars reporters, columnists, and others who have faithfully brought us the news over the past many, many years. It’s an impressive cast, and the special effects aren’t bad either.
These men and women come with an important message for their fellow employees. Now, if Times management has its way, the proletariat of the Times will be reduced to the indignity of actually saving for their own retirement through tax-advantaged, partially self-funded retirement accounts rather than through defined benefit plans guaranteed by the promise of the Times. Attention must be paid. What will happen if they go on strike? It is enough to reduce one to tears — tears of pitiful, helpless laughter.
Think hard. When was the last time you saw anything this funny?
Walter Russell Mead comments here.
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