Quote:
Originally Posted by TheSpecialist
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If you worked for a company for 20 years, non union, and you came into work one day and the boss said, "Jim I am sorry your pension is being frozen, we are making you pay 10% more for your healthcare, cutting back holidays from 7 to 5, and by the way no raise this year" What would you do? .
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That's EXACTLY, and I mean EXACTLY, what happened to the private sector in the 1990's. And what did they do? They acdepted it for what it was. They didn't like it, but they accepted it. They didn't bitch, didn't go on strike, we didn't occupy wall street. We lived with it. Those in public sector unions need to do the same thing, and be grateful that they held onto their luxuries for 20 years longer than everyone else.
That sucks, but it's better than the alternative, which ius slashing pension payments for current retitees. If you think that can't happen, look up Central Falls Rhode Island. And they will soon be doing that in Detroit. In 15 years, it will be more common. Why? Because you can't have more than there is. It's that simple.