In Wisconsin, I think we are seeing what happens when state governments that have been generous with their workers for many years now face budget crunches. In Wisconsin, it’s also a union thing … with a proposal to limit unions’ say on work rules and stop deducting union dues from paychecks.
Wisconsin faces a 3.6 billion-dollar budget shortfall in its next two-year budget. New Republican Governor Scott Walker proposes cuts that will reduce state employee’s take-home by about 8%.
He wants to require workers to put 5.8% of their pay toward pensions. Most currently pay nothing.
He wants workers to pay at least 12.5% of health care costs … more than double what they contribute now.
Most Americans don’t have pensions anymore, we have 4-0-1 (k)s. And those of us with company health insurance chip in a healthy share of the premium costs.
The workers are ready to compromise on the pay and benefits part, but not the union busting.
Our thought for today is from Barry Goldwater:
“A government that is big enough to give you all you want is big enough to take it all away.”