Thursday, April 25, 2013

Normally this sort of thing never works

Matt Yglesias talks about a plan to try and move defined benefit pension funds away from organizations that are trying to defund or remove access to defined benefit pensions.  Generally, you would have thought that the people making money off of these funds would have worked things out for themselves earlier on in the process.  That being said, immediate losses that exceed any possible tax benefit might well work if the problem is that these pension managers are excessively focused on the short term.

At the very least it is odd for teacher to be indirectly funding Students First. 

No comments:

Post a Comment