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Old 07-07-2005, 02:39 PM   #2873
sebastian_dangerfield
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Join Date: Mar 2003
Location: Monty Capuletti's gazebo
Posts: 26,231
Why oh why did my 401k die?

Quote:
Originally posted by ltl/fb
An alternative view is that business playing nanny frees people up to do their work. Do you want your best workers stressed out because the guy in the next office lost everything in a bad investment and now can't afford to take care of his wife, who needs someone at home all the time? Do you want her focused on her outside investments, or on solving your tricky engineering problem? Do you want the welder to be focused on welding, or on figuring out how grandma is going to eat? Law firms have all this crap for associates (food delivery, easy parking/transportation, cab fare, travel services) so that they focus on posting on boards, I mean, on work. Different people are motivated by different things. Go be your own maverick self. Don't come work for my company, or MR's, or whatever. Start your own business. Companies decide to go with pensions for business reasons. Because the market demands it. Who are you to argue?
I thought the unions demanded it, the companies had no choice at the time, and now that they do, the companies were scaling back? You're right, now I am confused. I feel like someone in Bush's cabinet is explaining Iraq to me.
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