What I’m referring to is the cuts in wages and benefits that the public employees will be taking. It is, essentially, a tax on them, in order to pay for the misdeeds of the financial industry.
“Taxes” can come in many flavors, IMHO. Pulic employees (and private employees, as a matter of fact), are losing purchasing power while those who caused our financial crisis are gaining purchasing power. That just doesn’t sit well with me.
