I'd also like to say that I have great respect for teachers, cops, and firemen. I just don't think we can afford to overpay them anymore.
Here in CT, teachers don't participate in social security. Why do they get the right to opt out, yet I'm forced to pay into this ponzi scheme? Furthermore, tecahers are promised these rich pension benefits, and pay almost nothing into it. And the law says that when their pension is proven to be underfunded, taxpayers have to make it whole?
Why do they deserve this? If my 401(k) goes belly-up, I can't ask the teachers in my town to make me whole. So why do they get to ask me for that same guarantee?
I don't get it, I just don't get it. Few things are this obvious.
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