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Pension crisis in Michigan:

Too many benefits being collected by too many retirees...

starts to threaten the incomes of all the Democrat members of the teachers' union.

Pop quiz:

Does the Democrat governor try to

1. cut the teachers' union benefits?

2. Get union teachers to pay more into the pot like Chris Christie supposedly did in new Jersey?

3. Cut teacher salaries to pay for the excessive benefits being collected by an excessive number of elderly retirees?

Is there any other solution?

Bueller?

Bueller?

1 posted on 05/24/2020 8:47:00 AM PDT by edwinland
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To: edwinland

SNORT.

That ship sailed years ago.


2 posted on 05/24/2020 8:48:00 AM PDT by mewzilla (Break out the mustard seeds.)
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To: edwinland

Another blue state made promises they couldn’t keep and now will probably want the rest of tax payers to bail them out. How many other blue states to follow?


3 posted on 05/24/2020 8:54:54 AM PDT by antidemoncrat (uff)
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To: edwinland
if teachers wages stagnated at $68 thou back in 2008, that shows they make pretty damn good money for their half year work job.....

make classes larger....make teachers work longer or take stustantial cuts in their fat pensions...and the states should tax their retirement benefits, something that NYS does not do, and I 'm sure others don't....

and also, if the teacher retires to a nice new state, tax the hell out of their pension....

perhaps if these teachers had to live in the hell holes they've created, they would think twice about living large on other peoples property taxes, sales tax, income tax, etc..

5 posted on 05/24/2020 9:03:50 AM PDT by cherry
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To: edwinland

Public school teachers are being paid through this whole thing. Their pensions are being guaranteed. Taxes will not be paid because people are going bankrupt and now they are making the argument that teachers need more money. Is there no shame?


6 posted on 05/24/2020 9:19:51 AM PDT by poinq
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To: edwinland

Yes, there is another solution. Quit killing babies, and encourage married couples to make more of them. When these children reach the age of majority, then they get jobs and start businesses, which increases the private economy, which increases the tax base. In the interim, married parents tend to engage in more economic activity to lavish luxuries on their children, which also increases the tax base. We kill one in four children through abortion in this country.

And we have yet another possible solution: close the public schools, fire the schoolteachers, and mandate home schooling of all children. That’s the current law.

But let’s try a different solution: legalizing the overwhelming majority of the previously legal private economy, which the current governor largely banned over the past few months, eliminating the larger portion of the tax base. Communism sucks, and potentially productive people will leave Michigan in droves to go to places where they can produce goods and services legally and honorably, and they will not return to your Communist autocracy, governor.


7 posted on 05/24/2020 9:29:51 AM PDT by dufekin
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To: edwinland

I know some in Michigan. The school system and teacher salary and benefit system have been an easy legislative target for the Michigan state government big pendulum swings. Both sides havE used and abused it where it is terribly politicized.


8 posted on 05/24/2020 9:59:55 AM PDT by KC Burke (If all the world is a stage, I would like to request my lighting be adjusted.)
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To: edwinland

If a business underfunded employee pensions it would be called ‘theft’. These underfunded defined benefit programs are almost exclusively government union based. Yet those who have been ‘robbed’ continue to vote for the ‘thieves’.

Yes I know it is technically not theft, the laws have been written to protect the politicians.

State, country and city budgets are in trouble, which of course means the taxpayers will have to pay.

Time to head for a properly managed state...until they figure out a way to collect from those who move!


9 posted on 05/24/2020 10:18:57 AM PDT by Voltage
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To: edwinland

Governor Gretchen Whitmer is clever - evil but clever. If you put retired teachers in nursing homes and then let the Chinese Bat-Soup Virus run rampant, you can save on pensions, give your education activists larger pay raises, and have SEIU thugs continue casting ballots for the dead. That’s a big democrat win all around.


11 posted on 05/24/2020 10:45:03 AM PDT by Pollster1 ("Governments derive their just powers from the consent of the governed")
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To: edwinland

At some point even the Democrat voters will wake up and realize that the 5% of their state’s population who is a state, county, or local government worker who gets far greater salary, pension benefit, and health benefit than they do.

That wake up call could come very soon when the Senate refuses to bail out these Democrat strongholds with a new China Virus trillion dollar gift to these financially mismanaged states.

I want to hear the squawking when these mismanaged states tell the government workers that they will have twice or more taken from their salary to fund the Cadillac pension and health plans.


12 posted on 05/24/2020 10:50:58 AM PDT by Presbyterian Reporter
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To: edwinland
Is there any other solution?

Sure there is. Raise taxes. Lots of taxes.

"It's for the children" /sarcasm

13 posted on 05/24/2020 12:31:43 PM PDT by flamberge (The wheels keep turning)
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To: edwinland

Invite all retired MI teachers to a convention for a week and make sure there’s someone asymptomatic in attendance as well? Sounds like a diabolical plan from a Hollywood flim.


14 posted on 05/24/2020 12:37:21 PM PDT by petitfour (APPEAL TO HEAVEN)
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