Pool_Shark t1_j6il8gt wrote
Reply to comment by retiredfromfire in Mayor Adams plows ahead with plan to privatize health benefits for 250,000 NYC municipal retirees by mowotlarx
That’s because there is no repercussions for breaking promises. Instead they get re-elected or a nice “consulting” gig with the pharma company after their term
Babhadfad12 t1_j6ivrnb wrote
The repercussion should be workers valuing those promises at zero. Governments lowering the value of deferred compensation at time of payout has been a thing for decades.
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