March 31, 2010

MORE FROM MEGAN MCARDLE regarding Excessive Outrage on Retiree Subsidy Accounting. “Now we’ve changed it, we have made retiree health benefits more costly for the companies. That means that some of them will probably drop their benefits. Fine, if you think that’s good policy, but let’s not pretend this is some righteous campaign against dastardly companies. We were paying them to take expensive seniors off our hands. Now we want to reduce the payments.”

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