NIS needs further reform, says IMF searchlight.vc - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from searchlight.vc Daily Mail and Mail on Sunday newspapers.
it s one thing to say the public sector pension system needs to be cut back, effects will be felt unevenly, 19% employed by the government, 14% of white and 10% of latino. cutting pensions would hit black retirees especially hard. insult added to injury, significant portion of african-american seniors live in poverty. 19% currently living in poverty compared to 9% of seniors as a whole. many might call something a fix but what could actually be a system of increasing racial equalities plaguing our system. we re talking during the break we can t separate from from 99/1% narrative. we talk about fairness, lets talk about policy and self-interest. if you re well off self-supported merchant of high-end furniture in the detroit suburbs today, you don t want people losing their pensions, because that goes down the chain.