$2 Trillion Lost In Pension Funds

1:01 pm EST October 7th, 2008 | Republicans | 2 Comments

Republicans on economics.

The top congressional budget analyst says pension plans have lost as much as $2 trillion in the past 15 months.

Peter Orszag told a House panel on Tuesday that the losses are likely to force many workers to hold off on major purchases and delay their retirements.

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2 Responses to “$2 Trillion Lost In Pension Funds”

  1. jr says:
    October 7, 2008 at 1:15 pm

    “pro-growth policies!”-Laura Ingraham

  2. durablend says:
    October 7, 2008 at 1:38 pm

    Not to worry–the rich still have their money safe and sound. It’s just the unwashed losers that are now pikers.