During an economic boom, exuberance finds itself lodged in all types of industries. When profits soar, so does the public’s disregard for prudence. And as tax revenues rise, politicians can’t help but give in to their bread and butter of buying votes.
Some levels of government aren’t so lucky however. Without ready access to a printing press or eager creditors, local municipalities in the U.S. are facing tough choices as the Great Recession drags on.
Some levels of government aren’t so lucky however. Without ready access to a printing press or eager creditors, local municipalities in the U.S. are facing tough choices as the Great Recession drags on.
In a just world, public sector workers would be paid the rightful amount equal to their contribution to society: zero dollars an hour. If production is to entail mutual exchange and careful consideration toward profit and loss accounting, then government produces nothingwithout a negative effect on some individuals. The government worker is paid solely through whatever funds were forcefully taken from actual producers of wealth. In America, policehave no legal obligation to assist you. And if you think the local fire company will be there at your beck and call, just ask Gene Cranick of Tennessee who watched his house burn down with fire crews standing by as he neglected to pay a $75 dollar fee beforehand.
the public sector exists wholeheartedly at the expense of society. Worse are the unions that piggyback off this extortion and kick taxpayers in the gut even harder just to take a few extra dollars out of their wallets.
the public sector exists wholeheartedly at the expense of society. Worse are the unions that piggyback off this extortion and kick taxpayers in the gut even harder just to take a few extra dollars out of their wallets.
........................... James E Miller
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