In committee hearings, corporate lawyers are sitting right up there beside members of Congress, dictating the changes. There is nothing subtle going on. Most Americans feel a deep insecurity, and are focused on their own problems.
American workers are now in direct competition with workers in Bangladesh, Chile, and Mexico.
Jobs with employer-paid pensions are pretty much a thing of the past. The 41 million workers with traditional company-financed pension plans are in for a rude awakening when they try to collect in the next century because Congress has whittled away at their benefits. Social Security and Medicare are now on the Congressional chopping block. Meanwhile, people are taking second and third jobs to make ends meet and hoping they don't get sick. They have to work to pay down their credit card, and to figure out how to pay for a little more education for their children because they sense that, without it, the future for the next generation is bleak.