The AFL-CIO went on the air today with a new ad blasting Gov. Andrew Cuomo and Albany lawmakers for their efforts to add a sixth tier to the pension system, and blaming the effort on Wall Street fat cats who, the ad states, propelled Mr. Cuomo into office.
“They crashed our economy. We bailed them out. Now Wall Street, big banks and corporate CEO’s have teamed up with some politicians in Albany to slash pensions of working New Yorkers by 40 percent,” the narrator intones.
The ad conflates a bit two separate problems with the state’s pension system–on the one side, the pension fund is suffering due to the crash of the economy, but it is not quite accurate to say that because of that Mr. Cuomo and others who are pushing for reform are only doing so because of the crash. In fact, they often point out that the health of the pension fund isn’t so much a short-term as it is a long-term problem.
It is customary during budget season for interest groups to push their agenda through the airwaves and directly to the public. Mr. Cuomo has been able to neutralize this technique during the early days of his term, mostly through coming out with an ad blitz of his own.
It is unclear how large an ad buy this is by the AFL-CIO, but the video can be viewed below: