The Downside of Choice

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Who doesn’t love choice? Chocolate or vanilla? Cheese or pepperoni? Boutique fitness studios have popped up everywhere so no matter what your preferred workout, you can have it. Lawmakers in some states like Michigan, Florida, Pennsylvania, and Indiana have co-opted our national love of choice as their preferred method to attack retirement security. Although a recent Gallup poll found that 51% of Americans would leave their current job for a position that offered a defined benefit pension, these politicians are pushing for choices that no one wants.