Sunday, June 13, 2010

PEI Meeting on Pension Reform

I've said before that the time for pension reform is NOW. Politicians have known for a very long time that this pension crisis was coming, yet they have done nothing to prepare for it. Their only longterm planning extends as far into the future as the next election. Here's hoping some agreement can be reached in Charlottetown between the federal and provincial finance ministers over the next few days.

I particulary like the last paragraph:
"They should put their foot on the gas pedal because we're in a crisis now and it's going to get worse unless they do something," he [Canadian Labour Congress president Ken Georgetti] said. "They should have done something 20 years ago, so Minister Flaherty has got a lot of catching up to do."
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Start.shaw.ca - National News Article

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