PrintJuly 21, 2009
Taxpayers: Eat your hearts out, suckers
A looming problem has received far too little coverage from a liberal-dominated media: the power of public pensions to destroy our nation's finances and ransack our wallets.For many years, government workers have enjoyed munificent benefits: relatively high salaries for lenient work demands; gold-plated retirement benefits that allow most of them to "retire" at a young age with very high pensions and generous health care benefits. Days off for holidays that few of us would even recognize. All courtesy of us: the lowly taxpayer toiling away at jobs that may vanish at a moment's notice and that certainly don't guarantee the value of any retirement package. Not true for the ever-expanding ranks of government workers. A recent Forbes magazine article highlights the absurd benefits that public sector workers enjoy on the job and off the job when they retire. The article, describing the leisurely life of retired government employees, could be lifted from the pages of...(Read Full Article)
