The employees (unions) aren’t pure and righteous in this. Those pensions were promised as a result of exactly the type of cronyism and corruption that comes when politicians realize that they can buy the votes of the government union class by allocating ever higher wages and pensions at the expense of the public purse, and that they will have been long gone by the time the piper demands his due. THIS is why govt unions are inherently corrupt and should be abolished.
With the lack of market forces, taxpayers must rely exclusively upon management to say no to costly demands. Management in this case of the current issue in Wisconsin is the Governor, but the scenario is no different throughout other levels of government. County Executives, Mayors, & Town Councils all act as management in the government corporation. The government official must work even harder to represent the taxpayer in negotiations with public employee unions under these circumstances. There is a political party, however, that is beholden to the very government unions they are supposed to be negotiating with.
The Democratic Party receives an overwhelming amount of money in political donations from public sector unions, in fact their top 4 donors are various government unions (http://www.opensecrets.org/overview/topcontribs.php).
Many candidates go to union sponsored events, and pledge their support. This would not be a problem if not for the fact that the elected official in question will be sitting across the negotiating table from the very union that supported them in their campaign. If a candidate for office received a donation from a corporation, then after elected gave a no bid contract to that corporation it would be called corruption. How is this situation any different?
Considering most government entities (other than federal) must balance their budgets every year, you would think that politicians would be restricted from offering paybacks to the unions. They cant give what they dont have. Right? The problem with this argument is that the official has the ability to promise, and get passed into law, retirement and health benefits that will be paid for in the future. This takes away any current budgetary restraint that may exist, and puts us in the situation we find ourselves today in Wisconsin and all across the nation.
Mr. Walkers proposal specifically eliminates collective bargaining for pension and healthcare benefits. This addresses the problem of politicians overpromising future benefits for unions that helped elect them. Any progress made in Wisconsin or other states, however, may be short lived if the screamers get to rule the debate. It would not be surprising if unions spend even more than the current record amounts in the next election in order to drown out rational discussion.
http://freemarketsfreepeople.net/?p=363