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Keyword: lifetimesalary

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  • Pension criticism=racism. Aaauugghh! Aaauugghh! Aaauugghh!

    08/19/2013 9:06:29 AM PDT · by Rusty0604 · 10 replies
    Cal Watchdog ^ | 08/14/2013 | Chris Reed
    when it comes to public employee benefits and the damage they wreak on local governments, scoundrels have another refuge: blaming racism for concerns about lavish, unaffordable benefits and broken governments. ”Public-sector workers are disproportionately black. In 2011, about 19 percent of black workers were employed by the government, compared with 14 percent of whites and 10 percent of Hispanics. The upshot is pretty clear: Reducing the value of public pensions and other benefits wouldn’t just hurt blacks disproportionately; it would do so at a time when other economic trends have already hurt them more than most. So the question isn’t...