The Hamilton Spectator

Karma is coming for our government

RE: CHCH settlement nothing to celebrate (April 5)

-

As someone who spent more than 40 years in telecommun­ications, I can empathize with Matt Hayes. As the multinatio­nal corporatio­n I worked for made record profits and rewarded the CEO and board members with million-dollar bonuses and stock options, they set about terminatin­g tens of thousands of jobs in the ’80s and ’90s. The excuse was that technology made the jobs obsolete, but in truth most went overseas to countries like India and the Philippine­s. Government­s did nothing.

As our prime ministers chastised China for human rights violations, they allowed business to defer billions of dollars in unpaid taxes, bust unions, slash pensions and operate sweatshops overseas. Out of sight, out of mind. Now as the massive influx of baby boomers are preparing to retire, politician­s are in a quandary. With corporatio­ns opting out of workplace pensions and benefits, how will the government pay for the old age pensions and the medical costs as this generation ages? Karma has a way of biting you in the rear, and no one deserves it more than government. Pat Howse, Hamilton

Newspapers in English

Newspapers from Canada