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Veteran Advisor

State employee wages need to be cut to bring State budgets into line.

http://globaleconomicanalysis.blogspot.com/

I thought this was a very good article that shows the extent of the budget problems we face in all States.

My wife's Uncle has worked in state Gov. all his Life. He is retiring in Oct. at the age of 60 His benefit and compensation package will be near 6 figures.  He expects this to be there for him cause He is "owed" it for his years of "service" I recently told him there was no way he could be supported at this level until he dies.  His dad lived to 82 his gramma on both sides lived to be 100. If he lives to 85  using 80,000 as his yearly pension package he will recieve 2 million dollars in retirement compensation! 

In 25 years I will be 63.  Unless something turns around there is no way I can make 2 million to live on after my farm enterprise needs are met. Why should the unproductive be paid so well while the productive tax payer is getting the shaft? JR

1 Reply
Honored Advisor

Re: State employee wages need to be cut to bring State budgets into line.

Now you did it Jr!! When Big Don Kraft gets wind of this this post, you`ll be in for it Big Time  !! Smiley Wink  Good Job!