[quote=jficquette]80 cents on the dollar for pay and benefits??? That’s bullshit. It has to stop asap.
“In California, where an estimated 80 cents out of every government dollar goes to employee pay and benefits, Gov. Arnold Schwarzenegger (R) has proposed a two-tier system of pensions that offers new state workers reduced benefits with tighter retirement formulas. He also wants state workers to kick in higher pension contributions to help deal with California’s staggering deficit.”
Exactly where do you think tax money is supposed to go? To trees? To rocks?
Everything the public sector provides (infrastructure, safety, education, etc.) is provided by PEOPLE. It shouldn’t be a surprise that most of the money goes toward salaries and benefits. What else should it go toward?
BTW, those salaries/benefits are recycled back into the economy as these employees spend their money. It is far better than “investments” by rich people that have a debt offset (require repayment PLUS interest/dividends).
