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Today in the New Gilded Age

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On June 30, 2015
Above: Boeing CEO Jim McNerney Boeing CEO Jim McNerney is retiring next year. His pension: $3.9 million per year for the next 15 years. Jim McNerney is the same person who used the threat of capital mobility to force the International Association of Machinists-represented workers...

You Will Never Retire

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On December 8, 2011
The most depressing local story in my time in Rhode Island is the state government move to slash pension for state workers. A bipartisan effort, led by Governor Lincoln Chaffee but with significant help from the majority of Democrats in the legislature, has decimated pensions....
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