Skip to comments.SCRANTON RUNS OUT OF MONEY, Cuts All City Salaries To Minimum Wage(down to $5K)
Posted on 07/10/2012 5:23:34 AM PDT by TigerLikesRooster
SCRANTON RUNS OUT OF MONEY, Cuts All City Salaries To Minimum Wage
Mike "Mish" Shedlock, Global Economic Trend Analysis|Jul. 10, 2012, 7:11 AM
Scranton, Pennsylvania's, the state's sixth-most-populous city (population of 76,089 in 2010 census), is down to its last $5,000 and has no way to pay salaries.
The mayor wants an immediate tax hike of 29% and 78% over three years. In every sense of the word, Scranton is bankrupt.
NPR reports Scranton's Public Workers Now Paid Minimum Wage
(Excerpt) Read more at businessinsider.com ...
Like the city workers are going to show up if that’s the case.
The unions must be screaming at the top of their lungs over this, I mean how can they extort money from people making minimum wage now??
Just a beginning, I would say every D held stronghold is teetering, except where the effite white SWPL types have set up shop, and those won’t last long.
“The US Bankruptcy Court for the Middle District of Pennsylvania has dismissed the bankruptcy petition filed on behalf of the City of Harrisburg, Pennsylvania, finding that the city failed to meet eligibility requirements under the Bankruptcy Code to be a chapter 9 debtor.”
Let’s see how quickly the liberal, democrat-voting back-office, do-nothing workers seek other jobs rather than living according to their marxist ideal. Unfortuately for them, due to their marxist ideal being realized at the highest levels, there are no other jobs to be had. And since they have no worthwhile skills to speak of (bad customer service, expertise at delay, confusion, bureaucracy and break-taking), they wouldn’t be hired anyway.
I wonder what the median "City Salary" is?
Oh yeah, guess what political party mayor "we need an immediate 29-78% tax hike" belongs to.
Wait wait wait . . . you mean providing employees with lavish compensation packages and supplying services at far above market rates without the tangible means to pay for either of these things isn’t sustainable?
This city has been run by Dems tied to the mob for as long as I was on this earth. Born 1954
Oh, and another thin, wait till they see the union dues deduction on top of the pay cut.
Government workers will now have to go deal with the inefficiencies of their fellow government workers running the welfare offices. Hope they like the lines from the other side of the counter and enjoy feeling the frustration of the bureaucracy they excel at!
This guy did very thorough homework on the problem.
Hey I know! They could go house to house and beg for donations and if that doesn’t work they can demand them.
The expression ‘blood from a stone’ comes to mind.
I like that argument. They want income equality for all.. The GOP should be shouting how successfully Scranton is seeking income equality, from the rooftops! I find this highly unlikely from the neutered GOP. Did I say neutered? I doubt they ever had a pair in the first place.
Start building or refurbishing commercial real estate just outside Scranton city limits, demand is going to skyrocket!
You name the town or city, its still the same problem.
Hehehehe, what makes you think there will be anyone there for them to talk to? Remember, they are guvment workers, too!
“The mayor wants an immediate tax hike of 29% and 78% over three years”
I couldn’t imagine being in this mayors position and having the nerve to say something like that.
I’d be too busy assuming everyone I passed on the street was going to punch me in the face.
And deservedly so...
Hope the Dunder-Mifflin office survives.
Oblameo will basically print money to bail all these dem strongholds out.
Every dollar he prints will make every dollar you have, worth less.
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