When governments cannot afford high costs or increase taxes, trimming payroll is necessary. For years, public benefit increases have exceeded those in the private sector. Eventually there must be some correction.
When governments cannot afford high costs or increase taxes, trimming payroll is necessary. For years, public benefit increases have exceeded those in the private sector. Eventually there must be some correction.
Well done Governor Scott Walker well done . The American taxpayer got sick and tired of the corrupt bargaining between Democrat politicians and public sector unions!! Why? Bankruptcy, and? skyrocketing taxation!! Tax payers have no sympathy for fat cat and public sector cadillac benefit packages!! I'd like to see this legislated throughout Canada. In Ontario where 80% of all provincial budgets are spent on public sector wages!!!!!! This in a province carrying a projected deficit of $20 Billion Dollars!!!!!! It's unreal and no wonder why the middle class has been decimated by overtaxation due to public sector greed.
Well done Governor Scott Walker well done . The American taxpayer got sick and tired of the corrupt bargaining between Democrat politicians and public sector unions!! Why? Bankruptcy, and? skyrocketing taxation!! Tax payers have no sympathy for fat cat and public sector cadillac benefit packages!! I'd like to see this legislated throughout Canada. In Ontario where 80% of all provincial budgets are spent on public sector wages!!!!!! This in a province carrying a projected deficit of $20 Billion Dollars!!!!!! It's unreal and no wonder why the middle class has been decimated by overtaxation due to public sector greed.
The cupboards are bare, no money left in the piggy bank. The teachers get 57.00 for every 1 dollar they put into the pension fund. Public service workers retire in their early 50's with indexed pensions at 70-80% of their last 5 years. These people do not contribute even half of the cost of the pensions. This is not to mention wages which exceed their private sector equals. We can't compete with emerging economies as it is, let alone with the huge taxes needed to fund these unfare benefit packages. What has happened in Wisconsin is required, people should fund their own pensions, make equitable incomes, and retire in their 60's. It will happen in all U.S. states, especially those with these huge packages, and be ready to see defaults. The US governments (Feds), lack public support to bail these states out, and they don't have the borrowing power. Printing money will not be an option, as forgein interests will drop the buck an crash the currency. Both countries will have to compete for investment dollars and this will go where it gets the best return. The best and brightest will leave if they face the burden of funding these greedy union pigs. Get it through you're thick head, public workers don't drive the economy, they support it. Businss drives the economy, so you better hope policies are designed to attract and grow business. If not we will see our economy and lifestyles fall off.
The cupboards are bare, no money left in the piggy bank. The teachers get 57.00 for every 1 dollar they put into the pension fund. Public service workers retire in their early 50's with indexed pensions at 70-80% of their last 5 years. These people do not contribute even half of the cost of the pensions. This is not to mention wages which exceed their private sector equals. We can't compete with emerging economies as it is, let alone with the huge taxes needed to fund these unfare benefit packages. What has happened in Wisconsin is required, people should fund their own pensions, make equitable incomes, and retire in their 60's. It will happen in all U.S. states, especially those with these huge packages, and be ready to see defaults. The US governments (Feds), lack public support to bail these states out, and they don't have the borrowing power. Printing money will not be an option, as forgein interests will drop the buck an crash the currency. Both countries will have to compete for investment dollars and this will go where it gets the best return. The best and brightest will leave if they face the burden of funding these greedy union pigs. Get it through you're thick head, public workers don't drive the economy, they support it. Businss drives the economy, so you better hope policies are designed to attract and grow business. If not we will see our economy and lifestyles fall off.
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