Social Question
Aren't these public employees commiting an act of hubris?
I own a business in the private sector.
I pay myself based on what I produce/sell.
I fund my own retirement.
If there is not enough money to fund my retirement after I pay my basic expenses, it does not get funded.
I pay my own medical bills, and I pay the entire cost of my high deductible major medical insurance plan.
I have clients/customers. If one day, my clients/customers no longer want what I sell, or if they cannot afford what I sell, then that will be that. I will have few choices other than to try to figure out what they want, or what they can afford.
One thing is certain. If that would happen, I could go out and protest against my clients, and it wouldn’t make a bit of difference.
In Ohio and Wisconsin, and probably other states, some public employees are protesting.
This is happening because their client/customers,the taxpayers, can not or do not want to pay them for what they do. The result is no different than if my clients cannot afford me, except of course in my case they simply stop calling. In the public employee’s case, they have to legislate before they stop calling.
In 2009, I could not afford to contribute to my pension plan, so I didn’t. I also had to increase the deductible of my medical plan, thus increasing my out of pocket expenses. But you can be sure that I contributed to their pension plan, and paid for their medical program.
This year, I would like to pay myself more, and them less. This year, I would like to contribute to my pension plan, and let them worry about funding their own.
I don’t that is unreasonable.
By the way, are they getting paid while they protest? Notwithstanding the other stuff in my comment, that would piss me off.
I think it is hubris. Who do they think they are?