Higher retirement age, lower benefits? Obama says you won’t “notice”

posted by
August 17, 2011
Our Future
by Richard (RJ) Eskow  
Posted in Commentary, PND Commentary

"Back in my corporate days I sat in a boardroom with one of the most powerful and fearsome CEOs in the country. He had called in the executives that designed his employee benefits program and asked them to propose changes .... Finally I asked the question the others were afraid to ask: What do you want to accomplish by changing your employees' benefits? 'I want to give them less,' he said, 'and make them think it's more.' The Human Resources executives in the room turned pale. As brilliant as this CEO was, he didn't know what they had learned from experience: When you give people less, they always know it." (08/17/11)


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