(2011-04-01) Public Unions And Pensions Battles
As pretty much everyone predicted, handling the National Debt by reducing funding to the States has just moved the problem not solved it.
And it's making it harder to ignore the Pension problem. See 2010-09-14-PublicPensionUnderfunding.
Which has been the basis for battles against Labor Union-s, esp of government employees.
Nathan Lewis shows the kinds of numbers that make people nuts. In 2008, the average New York firefighter cost the city $186,464 per year. (including $70k in Pension - compared to an average slightly under $16,700 per teacher and $7,400 per civilian employee)
Wisconsin governor Scott Walker has been most aggressive, resulting in protests.
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