Public pensions and retirement double dipping

Posted By on April 1, 2010

How can federal and state government save nearly $400 Billion in tax dollars each year? Modify the public union retirement and pension benefits to mirror what is in private sector.

John Fund, a columnist for the WSJ,  talked about the political class vs. private class this morning. If politicians have the will (or are forced by the electorate), it may help prevent bankrupting states and communities without resorting to economy killing tax increases.

Mp3 Audio  
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FN_JohnFundWSJ_100401.mp3 (1257 KB)

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Comments

Desultory - des-uhl-tawr-ee, -tohr-ee

  1. lacking in consistency, constancy, or visible order, disconnected; fitful: desultory conversation.
  2. digressing from or unconnected with the main subject; random: a desultory remark.