Congress is back in DC this week so the House can pass another spending bill....This one is a bailout for states so that they won't have to make the tough decisions and can keep employing people.
The politics of it is to keep teachers employed and help states with Medicaid.
This is pre-election puffery in advance of the dire news expected from a deficit reduction panel due to report December 1....That report is expected to call for an increase in the Social Security retirement age.
None of that will be discussed prior to the election...
This is the debate to be had this fall in the Congressional race, but with so many government employees in NY23, the notion of fiscal restraint may fall on deaf ears.
2 comments:
So they won’t have to make the tough decisions and keep employing people?
The Federal Judiciary stopped Patterson from doing that…remember?
They upheld the clause in the constitution about public employees.
Just to be clear…the states could keep their gazillions of employees with no fiscal problems. The problem stems from paying them too much with too many benefits.
As a longtime former union member, let me assure you that the membership would sell all new members down the road for thirty pieces of silver. In other words, we could cut pay and benefits for all future employees without much backlash.
Also, just as it is popular to raise taxes on the rich, there would be no backlash if we cut pay for the rich. Say for instance…cut wages by 5% for all making over 100k or change the pensions for that same group.
Won't happen. The increase in retirement age, that is. One, there's no need. There's PLENTY of $$ despite Repub claims to the contrary that "it's going broke." It ain't. By a long shot. And, two, we lowly subjects won't allow it.
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