I see where they are after public pensions. How dare those public employees keep getting paid after they retire!!!! Funny how for years no one cared. You see many of us public employees, with similar experience & skills as those in the private sector, took positions that paid less then in the private sector. Why? Because of benefits like our pensions. My family of four qualified for federal assistance back in the 1980's. No one cared for years because for years the money set aside for these pensions was invested and did so well, that up until 4 years ago, the public paid less then a half a percent annually through taxes into those pension funds. But with the downfall of Wall street due to the greedy actions of the rich, those pension funds have needed a greater input from public taxes putting us in the mess we are currently in. A case of Money goes where Money is. The Rich getting Richer & the gap between the Haves & the Have Nots getting greater basically eliminating the middle class.
Therefore the need to go after Public Pensions. I say...go ahead but be sure you compensate public employees well to make up for this loss. They shouldn't have to work 30 years to finally make what most private sector workers with similar experience & skills make after 5 years. Then, they could start their own 401 K's & whatever so that they will be secure after retirement instead of needing federal assistance.
Public Employees are Not the enemy. Try & survive without them. Let's find a fair and equitable way to dig ourselves out of the financial mess we are in. We have a definite problem when 90% of the money in this country is in the hands of 10% of the people!!!!!! When we pay ball players & entertainers 100's of millions of dollars and CEO's get billion dollar bonuses while their companies are going bankrupt. The little guy gets sacraficed for the benefit of the guy with all the money.
So, what do you think. Are Public Pensions a problem? If so, tweek em...fix the issues.......just be fair & make sure that EVERYONE pays their Fair Share!!!!!! Maybe my 5 cents worth!!!!!
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