The Wall Street Journal reports on the anger and fear felt by many over cuts and elimination of company-sponsored health care benefits. The Journal reports that Communications Workers of America have placed ads in major U-S newspapers criticizing Lucent Technologies for cutting retiree benefits at the same time "top executives are richly compensated." The article suggests that broken retiree health care benefit promises is leading to "the mobilization of thousands of retirees." The executive director of the Alliance for Retired Americans said, "Elderly Americans have to vote like their lives depend on it."
Posted by schwitz at October 29, 2004 11:57 AM