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Given the rich history of labor’s association with the creation of

Social Security, you gotta wonder what union leaders think about

President Bush’s privatization plan…perhaps they’re OK with it, given

the relative security of their workers’ pension plans?

 

Not so much…

 

John Sweeney, head of the AFL-CIO, recently said, “America’s working

families are being squeezed as never before. Too many people are losing

good jobs, health insurance, pensions and now they face the prospect of

losing the one thing that has been a guarantee for many generations –

Social Security. The president’s plan to privatize Social Security will

take trillions of dollars out of the Social Security trust funds,

further balloon our nation’s deficit, and jeopardize the retirement

security of working families.”

 

John Sweeney, head of the AFL-CIO, recently said, “America’s working

families are being squeezed as never before. Too many people are losing

good jobs, health insurance, pensions and now they face the prospect of

losing the one thing that has been a guarantee for many generations –

Social Security. The president’s plan to privatize Social Security will

take trillions of dollars out of the Social Security trust funds,

further balloon our nation’s deficit, and jeopardize the retirement

security of working families.”

 

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Uploaded on January 4, 2005
Taken on May 8, 2004