[quote=EconProf]
Phaster, you are largely correct in your analysis and I commend you for so thoroughly documenting your opinions. The root of the problem, of course, is the fact that public sector unions have been able to control politicians with their contributions and lobbying while the hapless taxpayer has no one seriously representing them at the bargaining table. The unions are enhancing their members’ long-run economic interests, the bill for which will come due long after the politicians move on.
[/quote]
FWIW the physics concept of “equivalence principle” seems applicable
said another way… the end result will happen because of bureaucrats/politicians corruption/mis-management which might be viewed as actions of “economic warfare” against ordinary people
(politicians) + (public sector unions) ~ ‘War of a Thousand Cuts’
where
‘War of a Thousand Cuts’ = “tick, tick, tick”… bankrupt USA
and san diego (because of “critical mass” w/ in california) is ground zero???
supporting data…
[quote=cnn.com] Bin Laden: Goal is to bankrupt U.S.
“We are continuing this policy in bleeding America to the point of bankruptcy. Allah willing, and nothing is too great for Allah,” bin Laden said in the transcript.
[quote=washingtonpost.com] Bin Laden’s war against the U.S. economy
Bin Laden, according to Gartenstein-Ross, had a strategy that we never bothered to understand, and thus that we never bothered to defend against. What he really wanted to do — and, more to the point, what he thought he could do — was bankrupt the United States of America.
[quote=theatlantic.com] Bin Laden’s ‘War of a Thousand Cuts’ Will Live On
Al-Qaeda’s strategy of low-level warfare, meant to drain the U.S. economically, will continue to pose an underestimated threat long after its leader’s death
…A key facet of bin Laden’s anti-American warfare has always been economic. It’s a lesson he drew from the Afghan-Soviet war, in which he first served as a financier of mujahidin efforts and then as a fighter.
[quote=nytimes.com] As California goes, so goes the nation
…a sluggish economy, high unemployment, budget shortfalls, a shaky electrical grid and an abiding distrust in politicians’ ability to do much of anything about such problems — are pulsing through the bloodstream of American democracy more broadly.
…Are state governments becoming increasingly out of sync with the governed,’ then you could look at the situation in California as yet another instance in which California gets there first, because it’s larger, less disciplined, less tradition-minded, and the function that it so often seems to fill in national life is of acting out things.
…And Californians — like the rest of the country, only maybe a little bit more so — want it all, all the time: lower taxes and smaller classrooms; tighter pollution controls and bigger S.U.V.’s; cheap labor and fresh produce but tighter limits on immigration and provision of social services.
[/quote]
lastly…
be careful of what you wish for
because
we have met the enemy and he is us
[quote=CA renter]
October 1, 2014 – 9:23pm
I have also worked with negotiating committees and have done research for public employee unions.
