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The new Third World

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On the Web For more letters see www.latimes.com/letters.

Re “Benefits Tab Seen as Major Fiscal Drag,” Feb. 18

Let’s stop dancing around the truth. The money to fund healthcare and retirement benefits for American workers is still there. What’s changed is corporate America’s decision that all company profits should be hoarded by a few top managers instead of being spread among the workers who actually earn it. What we are witnessing is the Third World-ization of the United States. We will compete with Third World countries by becoming one.

RICK MCCARTER

Burbank

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