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by marcus_holmes 21 days ago
Why are we mad at someone who has worked their whole life and is getting a decent retirement, when the article is talking about PE management fees being extracted from essential services at enormous rates?

And yes, pensions are a major part of the PE funding, but not all of it. There are a bunch of incredibly rich people who are also profiting from all of this at exorbitant rates. Can we be mad at them instead?

1 comments

Public pensions and PE used to pay retirements are exactly the same thing : they are extracted from value added by workers.