
Police officers and firefighters are widely regarded as underpaid. So how come police captains in Vallejo, California can make $300,000 a year, then retire at 50 on 90% salary, adjusted for inflation, for life and the life of their spouse?
City Journal's Steve Malanga details the history of how public-sector state employee unions bought California's state government lock, stock and barrel. Their bought-and-paid-for politicians repaid the favors by bankrupting the state, looting the budget to fund ever more lavish salary and pension plans for public sector union employees.
no subject
They negotiated contracts to acquire/deliver services with money they didn't yet have available to spend.
None of the rest of this would ever have been that big of a deal if the State of California had, first and foremost, never gone into debt to deliver the services it did. We, the taxpayers, should require changes to the law that MANDATE that all levels of government have the money in the bank before they agree to spend it.
no subject