What happened to all of the doom and gloom economic threads?

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Gov. Quinn in Illinois is telling the public employee unions to accept his increases in employee contributions to the health care or lose it altogether. Tough sons of a bitch for a Democrat. I wish our phony governor had his balls. Unlike pensions health care is not constitutionally protected in Illinois.


Funny how a governor can be tough and not go from zero to abolish-all-union-rights. :rolleyes:
 
The nation isn't sinking. We hit a rough patch but we're just fine and public employee benefits aren't the problem. We have an envy problem but that's another story for another day.
 
I will believe that when you don't need a PhD, back ground check, credit report, DNA sample/screening and 5 years minimum experience to get a minimum wage job.

YOU may need those things but there are many people that don't.
 
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YOU mat need those things but there are many people that don't.

What?? :confused:

OHHHHH I MAY need those things...got it. I was being facetious....

Honestly though a lot of minimum wage jobs require far more bullshit than they used to. Credit checks, background/interwebz investigations etc. all so you can wash dishes and take out trash.

Used to be all you needed was a DL/SSN to scrub toilets or flip burgers.
 
Chew on this for a while and then click on the .pdf for details:

"Today, 31 states are sponsoring public pension plans with funding ratios that are under 80 percent of what is needed to pay full benefits. Funding ratios measure a pension plan’s current assets, projected contributions, and investment earnings in relation to its predicted benefit obligations. A ratio that is under 80 percent indicates that the plan is in severe trouble and will have great difficulty meeting its obligations. This is not a small problem. A significant 2010 academic study[2] estimates that 116 major state-sponsored pension plans have assets of about $1.8 trillion—to pay pension promises of between $3.6 trillion and $5.2 trillion. This leaves a gap of between $1.8 trillion and $3.4 trillion. A follow-up study[3]found that major pension plans for municipal workers in 50 major cities add an estimated $574 billion to the problem."

http://www.heritage.org/research/re...government-problems-with-public-pension-plans

http://finance.senate.gov/newsroom/ranking/download/?id=2be2276f-a175-4649-a456-f3132adeaf99


I agree with Vette, it's a huge problem. Except in places that have laws mandating pension funding levels. Those laws should have been everywhere.
 
Ahahahahahahaha...leave it to you to get it backwards.

You are clueless.

Government has been bought, lock, stock, and barrel, and both republicans and democrats are to blame.

The only reason you don't realize this, is because you're a partisan hack.
 
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