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EconProf
ParticipantFolks, we gotta stop relying on special interest propaganda for our voting decisions and political stands. Because we see a newspaper photo of a fire or police person doing something heroic does not mean they automatically have a dangerous profession and should be paid oodles of money and retire at age 55 at 90% of last paycheck.
To see who is in far more dangerous occupations, and is NOT paid accordingly, google Most Dangerous Occupations. There you’ll see the real heroes: fishermen, tree trimers, taxi drivers, ironworkers, roofers. Their pay is not comensurate, and their bodies are used up and more deserving of a pension at 55, unlike the relatively sedentary police and fire personnel.
Piggs are supposed to be a skeptical bunch that digs for data. C’mon, we can do better!EconProf
ParticipantFolks, we gotta stop relying on special interest propaganda for our voting decisions and political stands. Because we see a newspaper photo of a fire or police person doing something heroic does not mean they automatically have a dangerous profession and should be paid oodles of money and retire at age 55 at 90% of last paycheck.
To see who is in far more dangerous occupations, and is NOT paid accordingly, google Most Dangerous Occupations. There you’ll see the real heroes: fishermen, tree trimers, taxi drivers, ironworkers, roofers. Their pay is not comensurate, and their bodies are used up and more deserving of a pension at 55, unlike the relatively sedentary police and fire personnel.
Piggs are supposed to be a skeptical bunch that digs for data. C’mon, we can do better!EconProf
ParticipantFolks, we gotta stop relying on special interest propaganda for our voting decisions and political stands. Because we see a newspaper photo of a fire or police person doing something heroic does not mean they automatically have a dangerous profession and should be paid oodles of money and retire at age 55 at 90% of last paycheck.
To see who is in far more dangerous occupations, and is NOT paid accordingly, google Most Dangerous Occupations. There you’ll see the real heroes: fishermen, tree trimers, taxi drivers, ironworkers, roofers. Their pay is not comensurate, and their bodies are used up and more deserving of a pension at 55, unlike the relatively sedentary police and fire personnel.
Piggs are supposed to be a skeptical bunch that digs for data. C’mon, we can do better!EconProf
ParticipantWhoa. “You get what you pay for” is one of those cute-sounding phrases that is readily debunked.
It suggests the price or wage you pay is strictly correlated with the value of the purchase. It might be used by a union boss to convince a city council to raise firemen’s pay yet again, or a house buyer in 2006 to justify his purchase. (BTW, what is he saying now?).
The video is showing an extreme example of an overpaid fireman in CA that is based on reality. The generous pay and retirement benefits relative to the work performed are wildly above what a free market would yield. But they are the result of union power up against spineless politicians spending other people’s money who look only at the short run. Competitive private sector employers would push back and the resulting pay and benefits would be closer to free market realities. That is exactly why the video is so telling–it contrasts the private sector 50-year olds pay and benefits to those of an actual, albeit rare, public sector union guy.EconProf
ParticipantWhoa. “You get what you pay for” is one of those cute-sounding phrases that is readily debunked.
It suggests the price or wage you pay is strictly correlated with the value of the purchase. It might be used by a union boss to convince a city council to raise firemen’s pay yet again, or a house buyer in 2006 to justify his purchase. (BTW, what is he saying now?).
The video is showing an extreme example of an overpaid fireman in CA that is based on reality. The generous pay and retirement benefits relative to the work performed are wildly above what a free market would yield. But they are the result of union power up against spineless politicians spending other people’s money who look only at the short run. Competitive private sector employers would push back and the resulting pay and benefits would be closer to free market realities. That is exactly why the video is so telling–it contrasts the private sector 50-year olds pay and benefits to those of an actual, albeit rare, public sector union guy.EconProf
ParticipantWhoa. “You get what you pay for” is one of those cute-sounding phrases that is readily debunked.
It suggests the price or wage you pay is strictly correlated with the value of the purchase. It might be used by a union boss to convince a city council to raise firemen’s pay yet again, or a house buyer in 2006 to justify his purchase. (BTW, what is he saying now?).
The video is showing an extreme example of an overpaid fireman in CA that is based on reality. The generous pay and retirement benefits relative to the work performed are wildly above what a free market would yield. But they are the result of union power up against spineless politicians spending other people’s money who look only at the short run. Competitive private sector employers would push back and the resulting pay and benefits would be closer to free market realities. That is exactly why the video is so telling–it contrasts the private sector 50-year olds pay and benefits to those of an actual, albeit rare, public sector union guy.EconProf
ParticipantWhoa. “You get what you pay for” is one of those cute-sounding phrases that is readily debunked.
It suggests the price or wage you pay is strictly correlated with the value of the purchase. It might be used by a union boss to convince a city council to raise firemen’s pay yet again, or a house buyer in 2006 to justify his purchase. (BTW, what is he saying now?).
The video is showing an extreme example of an overpaid fireman in CA that is based on reality. The generous pay and retirement benefits relative to the work performed are wildly above what a free market would yield. But they are the result of union power up against spineless politicians spending other people’s money who look only at the short run. Competitive private sector employers would push back and the resulting pay and benefits would be closer to free market realities. That is exactly why the video is so telling–it contrasts the private sector 50-year olds pay and benefits to those of an actual, albeit rare, public sector union guy.EconProf
ParticipantWhoa. “You get what you pay for” is one of those cute-sounding phrases that is readily debunked.
It suggests the price or wage you pay is strictly correlated with the value of the purchase. It might be used by a union boss to convince a city council to raise firemen’s pay yet again, or a house buyer in 2006 to justify his purchase. (BTW, what is he saying now?).
The video is showing an extreme example of an overpaid fireman in CA that is based on reality. The generous pay and retirement benefits relative to the work performed are wildly above what a free market would yield. But they are the result of union power up against spineless politicians spending other people’s money who look only at the short run. Competitive private sector employers would push back and the resulting pay and benefits would be closer to free market realities. That is exactly why the video is so telling–it contrasts the private sector 50-year olds pay and benefits to those of an actual, albeit rare, public sector union guy.EconProf
ParticipantFunny video!
Too bad its true for some firefighters.EconProf
ParticipantFunny video!
Too bad its true for some firefighters.EconProf
ParticipantFunny video!
Too bad its true for some firefighters.EconProf
ParticipantFunny video!
Too bad its true for some firefighters.EconProf
ParticipantFunny video!
Too bad its true for some firefighters.EconProf
Participant2 1/2% cash back? WOW!
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