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Edited on Thu Nov-03-11 03:45 PM by lifesbeautifulmagic
A couple of nights ago, at a family gathering, we started talking about those who have passed - apparently, my uncle, who was a WWII vet, worked for a huge manufacturer, for years and years after the war. He had a heart attack in the late 1950"s, and he was paid his full salary during his 4 month rehabilitation.
He was union, and had sick leave that accumulated, and as he never missed work, had just a ton at time of his heart event. Full pay for four months did a lot to ease the effects of this attack, his family came through fine.
I just thought that was interesting, as most jobs these days do not have any type of sick leave, and those that do, it certainly does not accumulate. A younger relative recently had the same type of event, and is taking short term disability, but with 60% of his salary, and the medical bills rolling in, no bets on his fiscal future.
I guess wall street and those bain capital types not only made money by breaking up companies, sending jobs overseas, but by reducing and/or eliminating benefits.
A lot of things were screwed up in the 50's, but i wonder if that generation knows how good they had it fiscally, with union jobs, good benefits, and a high tax rate for the very rich.
jmho
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