I want out! |
The initiative has the potential to become a "symbol" of intergenerational conflict as a recent article in calpensions.com points out. Once things become symbols of something that goes beyond the issue at end - think "ObamaCare" - the pros and cons get lost.
From the calpensions.com article - which starts about the pension initiative itself, but then goes on:
...Last week, the opinion pages of the New York Times and Wall Street Journal both had articles about a “legendary investor” who has been touring college campuses to urge students to mobilize against what one of the writers called “generational theft.” Stanley Druckenmiller, 60, a retired hedge fund founder said to be worth $2.9 billion, often was joined by Geoffrey Canada of the Harlem’s Children Zone in appearances at Stanford, Berkeley, USC and other campuses...
Full article at http://calpensions.com/2013/10/21/initiative-shows-how-young-pay-pensions-of-old/
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