Originally Posted by
Save Us
Firstly, although pensions are "earned" they certainly are by no means free or without cost. They are funded by the public largess. It contributes to the high cost of living in this state. They are burdensome. Pensions absolutely have the ability to bankrupt a municipality.
Further, you cannot compare an orthopedic surgeon to a fire fighter, so I won't even go there.
Consider generous guaranteed pensions of the public servant vs. this.
62% of all Americans have less than 1,000 dollars in the bank. 21% have no savings at all.
For the first time ever, middle class Americans now make up a minority of the population, In 1971 61% of households were middle class
According to the Pew Research Center the median income of middle class households declined by 4 percent from 2000-2014
Median wealth for middle class households dropped by 28% between 2001 and 2013the SSA REPORTS THAT 51% OF ALL American workers make less than 30,000 dollars per year
The number of Americans that are living in concentrated areas of high poverty has doubled since 2000
102 million Americans do not have a job
40% of all children in the US that are being raised by a single parent are living in poverty.
I could go on and on and on, but you get the picture. It's a shame that the powers that be don't consider the balance between what public service pays and what is increasingly harder to afford by those that are served.
As citizens we need to correct the state sponsored ethos of "getting yours" and bring it back into balance, until that time people will continue to move to states and areas with lower costs and lower tax burdens, but in any given year that may only be 10-14% of the population. I feel bad for the tax payers that are squeezed and have no choice,