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Re:National Geographic Society sets biggest layoff in its hi... by morgante on Wednesday November 04, 2015 @12:02PM (#10507910)
The idea of having your retirement income be the responsibility of the employer is archaic and ridiculous. Thank god it's dying.

It's a massive advantage for large corporations in their battle against innovative startups. Who would ever join a startup if it meant that you might be penniless in retirement? (Because you depended on a failed company instead of personal or social savings.)

Re:National Geographic Society sets biggest layoff in its hi... by sliverstorm on Wednesday November 04, 2015 @01:37PM (#10508539)
I like your logic- to make sure startups and corporations are on a level playing field, let's take away everyone's retirement!

It's not about catching up & competing, it's about dragging them down to our level!

Re:National Geographic Society sets biggest layoff in its hi... by morgante on Wednesday November 04, 2015 @01:45PM (#10508590)
First of all, I never said you should take away people's requirement. I think the total amount of money dedicated to retirement should be the same or more.

Rather, it should be in the form of either individual accounts or nationalized.