C.T. Marhula, Grand Forks, letter: New plans shift risk to workersThe editorial’s argument that the reason Defined Benefit Plan pensions have decreased — “Because private employers judged it (these pensions) to be too expensive” — is simply not true. While the same “good old boys” who brought us the S & L scandal, Enron, World Com and the current financial meltdown frequently make this claim, no neutral economist shares this view.
By: C.T. Marhula, Grand Forks Herald