I picked up my dog-eared copy of The Forgotten Man last night- it’s more apt as each day passes.
Also- just found a really interesting piece here:
~snip~
To appreciate the size of the problem for Wisconsin taxpayers, here’s what it would take if the state decided to raise the money now to cover its pension promises.
“If you wanted to simply solve it this year,” Eakin said, “you would have to raise the state and local taxes of the average Wisconsin resident by 325 percent. And if you wanted to solve it with just the state’s preferred instrument - a sales tax - you would have to change the rate from 5 percent to 98 percent.”
...
Even union icons such as George Meany, the legendary former president of the AFL-CIO, dismissed the workability of public sector unions as “impossible.”
And Sherk notes that other labor leaders were also skeptical.
“You had the AFL-CIO executive council in 1959 saying that, in terms of collective bargaining, government employees have the same right as every other citizen — to petition Congress for redress of grievances, but nothing beyond that,” he said.
And in Wisconsin, even the socialist mayor of Milwaukee in the 1950s, Frank Zeidler, opposed public sector unions.
He wrote that the rise of unions for government workers made it difficult for officials to protect taxpayers, warning that public sector unions “can mean considerable loss of control over the budget, and hence over tax rates.”
~snip~
Try reading a copy of "The Secret Man". More interesting and enjoyable.
Thanks.
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