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Politics : Formerly About Advanced Micro Devices
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To: SilentZ who wrote (741814)9/25/2013 3:56:23 PM
From: Tenchusatsu  Read Replies (1) of 1579791
 
Z,
Salaries are negotiated lower so there's money around later for retirement. There's math to it.

Same concept also funds 401k accounts and IRAs. The difference is that individuals are responsible for setting aside the money and investing it responsibly.

The nice thing about individual responsibility is that companies can't raid that money to pay for other things or gamble on risky investments.

I know you think it's better for individuals to not have to worry about those kinds of things and to trust big government, big corporations, and big labor to handle this stuff. But I don't.

Tenchusatsu
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