Pension promises made by politicians in past years will continue to squeeze out needed government expenditures at all levels. This again shows the folly of having public sector unions at all. In the private sector a fair contest exists between unions and their workers bargaining against a management that seeks the best deal for the shareholders (and indirectly, the custormers who buy the output). In the public sector, management is replaced by politicians who are heavily dependent upon unions and can easily promise extravagent pay and benefits that must be paid by future, less-informed and less activist taxpayers.
