Any fool can see that this is obvious, except the fools in congress, our state legislatures, and the press. After proposals for modest benefit cuts, Wisconsin government workers are literally marching in the streets. We have heard cries from our liberal Democrat legislators that cuts are an attack against wage earners, the middle class, and American families. The liberals, as always, renew their attacks against the 'wealthy.' They do not say that government workers already earn, on the average, twice what non-government workers earn. That is, we the people are forced to pay our public servants twice as much we make ourselves.
The liberal reaction is akin to the accusations of racism we heard when conservatives objected to government mandated home loans to low income borrowers. In that instance, the conservatives backed down and cowered in the corner. Now the original proponents of those loans, such as Barney Frank, blame the Republicans for the ultimate financial melt-down caused by those loans. He said its not his fault because the Republicans were in power at the time.
What is the lesson? Republicans should stop backing down. (And they should keep reminding us that it was Frank, Dodd, Raines, Cuomo, Obama (as an ACORN lawyer), et al, who caused the financial crisis. Bank insolvencies were a direct result of their own activities under the auspices of government.) Lesson two – only government can cause the really big problems, private industry can’t do it on their own.
Current government expenditures should be controlled by reducing wages and benefits of employees, including pensions. Bigger structural changes to Medicare, Social Security, etc. can follow. If cuts are not made, state governments will need federal bail-outs and the federal government, which is also broke, will have to print more money. When all this results in government lay offs and extreme inflation, the liberals will then blame failure of the free market, as they always do. I do not think the public is composed of big enough fools to be taken in this time.
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Rockford, IL was the hideout for Wisconsin Democrat legislators who left the state in order to deprive their legislature of a quorum. The majority Republicals could not vote on modest government pension reforms unless at least one Democrat was present. Why don't Rebuplicans ever try this?
ReplyDeleteA good change to government employee pensions would be to make all future retirement payments to IRA's. That way the value of the retirement funds would be more obviously associated to the success of business enterprise. This should result in government employees demanding of their unions to stop making donations to the campaigns of anti-business candidates.
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