Anyone following what's going on in Wisconsin?

[Jim in CT]

Originally Posted by TheSpecialist

http://epi.3cdn.net/9e237c56096a8e4904_rkm6b9hn1.pdf

Take a look at chart 2 and 3 anyone with a High School diploma or better working in the public sector makes less money than in the private sector in Wisconsin. This includes all total compensation( Paid Day's off, vacation, benefits etc.)

Specialist, I can provide 100 studies that show that public employees make more than average private scetor employees. WHo knows what's in those numbers. Here is one study...

Government Workers Make 45 Percent More Than Private Sector Employees | OrthodoxNet.com Blog

So how do we know which to believe? I don't know. I do know that a couple on my streeat are in their mid 40's, both are public teachers, combined salary is about $150,000, with benefits that dwarf anything available in the private sector.

I do know that in CT, cops can retire after 20 years with no age minimum, my cousin retired at 43. His pension reflects his best 3 years including overtime. I know that is completely insane and indefensible.

I also know that just about every city and state in the country has massive unfunded liabilities to public employees, and those liabilities are NOT UNFUNDED because the government forgot to collect the taxes. They are unfunded bacause as high as taxes are, they aren't nearly enough to pay for the benefits demanded. That tells me that the benefits promised were very, very rich.

What do you think?