The bus driver should have saved more of his $70,000 + a year salary. The pension system and salary system are both bloated.
Why bus companies and commuter rail lines can’t be privatized is beyond me. There is no reason why they are so heavily government subsidized. If necessary, they will be self financing and profitable.
It is because of the government subsidies that a bus driver can often make six figures with the full benefit and pension program to match that of a senior level executive.
$70K for driving a bus????
Without government subsidies almost all public transit systems would not survive. Anyone that claims otherwise is not being honest. It’s another redistribution of wealth. From affluent burb and rural dwellers to low income urban dwellers.
Once the government gets involved they overpay employees Because they don’t have to show profit.
A friend of mine works with government employees, state, county and local, who are in some form of financial distress. Every one of them whether they make $30K or $130K have the following in common: their total monthly costs: mortgage, car payment, etc. = exactly their take home pay.
They got in trouble when furloughs started. They couldn’t miss a days pay. No savings to speak of and a ton of debt. It’s a mentality from top to bottom in government: money grows on trees.