Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Most states decided to give public employees pensions back in the 1950s or 1960s as an off-set to the low wages they paid their employees. Back then, working for the government was among the least desirable of jobs. States continued to give employees good pensions because they could "backload" paying for them.
Now, with so many private sector jobs lost to automation and off-shoring and with so many private employers dumping all benefits to increase profits, some people like Dd714 are jealous of public employees. Maybe Dd714 should focus his anger where it belongs: on the private employers who are screwing over their employees rather than on trying to drag down public employees to his own level.
Hmmm, and another hmmmmm. Wait better yet BADA BING
Dd714- explain to me what public unions have to do with the terms of the pensions? There are thousands of non-union workers in the pensions. I am one. Plus the pensions existed prior to the creation of public sector unions- with better terms than exist now.
So why the blame on the unions regarding pensions?
Addressed in post #34 somewhat - clearly this problem does not impact all pensions.
Most states decided to give public employees pensions back in the 1950s or 1960s as an off-set to the low wages they paid their employees. Back then, working for the government was among the least desirable of jobs. States continued to give employees good pensions because they could "backload" paying for them.
Now, with so many private sector jobs lost to automation and off-shoring and with so many private employers dumping all benefits to increase profits, some people like Dd714 are jealous of public employees. Maybe Dd714 should focus his anger where it belongs: on the private employers who are screwing over their employees rather than on trying to drag down public employees to his own level.
Addressed in post #23. I have no anger as my pension and retirement plans are stable.
By the way I do not work for a US company. I work for a European company, my employers are European (and that is documented in my history on this forum). If anything, I feed off of globalization and offshoring , traveling to India and China quite frequently, and have done very well from it I think my own "bada bing" is now appropriate here.
This seems to be a very emotional subject with you, based on the over-wrought language you have used in not just one post, but in most if not all of your posts in this thread.
Addressed in post #23 and #26. I thought we've moved past such hysterics and hyperbole in this discussion.
It is not addressed in post 34 NY's pension existed prior to public sector unions. So how are unions to blame? The real problem is the State (s) decided to stop contributing and use the money elsewhere- generally to buy votes.
It is not how the residents of other states feel about your pension but how the citizens of the state it originates from feel. So for me as a transplant my neighbors for better or worse have no vote.
The outrage was from the taxpayers that are paying for these crazy public union pension agreements and are still paying them in terms of huge property tax increases. Municipalities are going bankrupt. Politicians in the past agreed to pensions that they could never deliver on. Sorry. For every public employee that is complaining, there are 10 taxpaying voters that are likewise complaining that enough it enough. Time to catch up with the rest of the working public in little to no pension. Pension funds are NOT guaranteed in the private sector. Join the club and welcome to reality.
Had to chime in.
No the private sector affords bonuses, merit pay, stock options and more.
Public employees receive none of that.
This is a CONTRACT.
Im disgusted with politics today in that seemingly only those in the private sector believe their contracts must be enforced. The rest they pretend are not contracts.
What is happening today is shameful.
Corporate welfare and the exportation of jobs and hiding money overseas is what is killing this economy along with the fact that Corporations pay little if any taxes. It is NOT THE FAULT of teachers, policemen, people who work for the courts or remove garbage
My wife and I both have a state pension and we also get our ss checks.. Does that make me a bad person? It isnt our fault that we plan to and will suck off of public funds every month for the rest our lives. We educated your children for you.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
