Yeah, the compromise is simple. Any poltician wining and dining with union heads pushing for something that can never work should be put in jail.
how about with billionaire oil execs pushing for something that can never work?
are you seriously that belligerent?
those union heads have compromised, they have said 'take 10% of our hard earned money to solve a problem we did not create'.
the billionaire oil brothers (who inherited it all from their daddy) are the ones with the governor paid for and in their back pocket, saying 'don't stop at taking 10% of what they were promised IN A CONTRACT, forever strip them of the ability to ever bargain again in most arenas, despite their reasonable compromise'.
do you think the koch brothers let their business partners renege on contracts? HELL NO! they take them to court, and you fucking know it.
And these pensions need to be completely seperated from the tax payer burden. Your pension fucks up....sorry reserve the right to keep your money and invest yourself.
sorry, that is not how it works.
i clearly explained the difference between playing the market (401k) and signing a contract (pension).
they are two distinct things, like apples and oranges.
learn the difference.
You can blame all the asshats you want...people are going to keep living longer and oh every few years the economy will hit the skids...it always does. Tightening the belt and setting yourself up to get annihilated are 2 different things.
historically, the economy hits the skids far less often than 'every few years'. in fact, downturns like the one we are in were last witnessed in the early 80's (30 years ago) and 30's (80 years ago). there have been others, just not as bad.
people will live longer (hence my support for raising the SS age), and there are more kids in school.
as far as 'tightening the belt' versus 'preparing for annihilation' goes, that is my point exactly. these public sector union employees are willing to take a 10% hit, which counts as 'tightening the belt' by anyone's definition. i have had to tighten my belt a full 50%, so don't preach to me about that.
what is being 'prepared for annihilation' is the ability of teachers, nurses, and other public employees to negotiate anything beyond a simple cost of living raise. even i, a simple $10 per hour wage worker, has more power than that.
again, if you want to attract the best teachers, you have to make it attractive. if you want to attract shit quality teachers, make it less attractive. pretty damn simple.