Oct 28, 2013
A survey of people over 50 found that 82% of them expect they will have to work after they “retire.” In other words, after they retire from their lifetime job, they will have to get another job, just to make ends meet.
Whatever happened to working hard for 30 years and then enjoying the retirement you have earned? What happened was years of concessions. Pensions have been cut or fallen behind inflation. Retiree health care is being cut back, or retirees are paying more for it – like with the retired autoworkers’ health care plan, the VEBA. Wages have been cut, or raises eliminated, so you can’t save for retirement.
Everything that workers fought for years ago is being taken away now. This is the result of a conscious, decades-long policy carried out by the capitalist class – a policy that will continue up to the day the working class is ready to fight.