Recently, initiatives to change pension rules were approved by voters of San Diego and San Jose to reduce benefits for public workers.
Wisconsin Gov. Scott Walker received greater support in his recall election against Tom Barrett than when he faced off against Barrett in 2010.
Gov. Deval Patrick of Massachusetts signed a pension bill raising the minimum retirement age from 55 to 60, and Rhode Island Gov. Lincoln Chafee signed a pension reform bill into law.
With employee costs now recognized as key to government financial health, one has to wonder what Rumford’s leadership was thinking when producing a budget with big pay increases to get Rumford employee pay comparable to some other Maine Municipal Association member towns.
Those public-sector jobs already pay more than their private-sector counterparts in the community; the town’s valuation is declining, and its largest employer remains in Chapter 11 bankruptcy.
The result, Article 9 for general government expenditures, has increased by $59,000 and, Article 15 for General Assistance, has increased by $25,000 for employee pay.
Adding to the financial pain, town officials saw fit to duck responsibility to evaluate initiated article requests. Instead, they sent forth the standard list of requests, expanding the amount and number of requests for the Greater Rumford Community Center and another large request by Black Mountain (which promised last year it would be asking for less).
It will be up to Rumford voters to exercise fiscal responsibility and vote down Articles 9 and 15 and a plethora of initiated articles that can simply no longer be sustained through taxation.
Candice Casey, Rumford
More Class Warfare
The Wealthy are now pitting worker against worker.
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Would you like to respond? Login or create a new account. You'll need to verify your account before you can respond.Candice - You can thank America's so-called "Job Creators"
You can thank America's so-called "Job Creators" who, rather than creating jobs - are sitting on almost Two Trillion $$$ of cash reserve that they refuse to inject into the economy by creating jobs.
They don't think you'll spend any $$ buying products.
So they won't create jobs to enable folks to spend.
But big business receives all sorts of tax breaks from state, local, and federal government.
That's Corporate Welfare - which citizens tend not to complain about nearly as much as 'Social Welfare' which actually helps people.
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First off Ronald, this is still free America, and I business is free to invest its dollars as it sees fit.
Secondly, your grasp of economics is based off your love of big government – spend, spend, spend – without any consideration of return on investment.
Perhaps business owners are more intelligent in the realm of economics than the government. Why would a business hire more employees if there is no demand to return on that investment? You do know this is a primary tenant of running a business.
Moreover and most importantly, why would a business hire a new employee when there are unseen liabilities on the horizon with instability in the tax code and ObummerCare.
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... that those who have never created a job and wouldn't have a clue how to do so, know all about why others are not creating jobs and blame them for the incompetence of the current administration. Interesting, but not surprising.
At least corporate welfare provides tangible benefits - just not to the folks Ron thinks deserve them. The major tangible benefit of social welfare is to "create or save" more beneficiaries of social welfare.
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Full time, with benefits - no doubt. Enough to raise a family on. Medical for the families....
401 plan??
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Repeat Customer
What are you shipping out today?? Besides BS.....
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Title and language of book, please.
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That remains between client and myself; but a 1901 vintage.
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Would you like to respond? Login or create a new account. You'll need to verify your account before you can respond."Keep 'em on the
"Keep 'em on the Plantation!!", say the democrat welfare slave owners. "That way we can be assured of their votes. They can check out any time they want; they just can never leave the Plantation."
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Don't want to edu-macate them too much - they're liable to go into business for themselves.....
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The parrot suspects the companies sitting on that 2 trillion are awaiting the outcome of the Supreme Court decision on obamacare before they commit that money to new jobs/expansions."What's obamacare got to do with this?", you ask..... Its very existence creates a level of ecomomic uncertainty that is unprecedented.
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There'll be some other sorry-azzed excuse after that.
(Like the Election)
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Would you like to respond? Login or create a new account. You'll need to verify your account before you can respond.Isn't it interesting (part 2) ...
... how quickly a left-wing sycophant descends into junior-high expressions when faced with a simple statement that is beyond his ability to refute. Again, interesting, but not surprising.
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The quality of excuses and reasons will depend on who wins and who loses.
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P.S.
If obama wins, republicans will say dead people were allowed to vote.
If romney wins, democrats will want three recounts, regardess of the margin of victory.
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Nah - probably live Illegals.
And then they'll want a 'Manuel' recount.
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Would you like to respond? Login or create a new account. You'll need to verify your account before you can respond.Haha---good one.
Haha---good one.
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