For decades, educators (and other public employees) and their powerful unions have received new contracts with wages and benefits above and beyond the average private sector employee. They basically held school boards and taxpayers hostage with arbitration that always favored the teachers and their unions. For at least the last four decades the teachers unions has reaped handsome rewards. More power to them.
Well, times have changed. For a number of reasons, including the auto industry bailout, the banking industry bailout, the Freddie and Fannie bailout and two wars just to name a few. The country is broke because state and federal government does not know how to manage money. They spend money they don’t have, like an 18 year old with a credit card. The U.S. Government is now over 14 trillion dollars in debt and the economy is still in the tank. The unemployment rate is over 20% in real numbers, since our government does not count those who are still unemployed but no longer collecting unemployment benefits.
The current national debt clock
http://www.ethanpope.com/
Individual states like New Jersey, Arizona, California and Illinois are so broke they can no longer pay their bills. Illinois is now know as a deadbeat state because they don’t have they money to pay their bills. Wisconsin is not far behind.
Here is a real time debt clock for the state of Wisconsin
http://www.usdebtclock.org/state-debt-clocks/state-of-wisconsin-debt-clock.html
So now we finally have a new Governor who realizes, that not only can the state and federal governments can longer continue to tax and spend, but we have to make significant changes in the current system to dig our way out of the mess we are in.
At this point it doesn’t matter who is to blame anymore, we have reached a point where someone has to step up to the plate and say no more. We can’t continue like this. Changes have to be made for the sake of our future, and the future of our children.
Governor Walker is doing just that. He has decided to make serious and obviously unpopular decisions to stop the madness.
While pretty much everyone in the private sector that still has a job is taking pay freezes, pay cuts, concessions in benefits, furlough etc., the teachers are now livid because they are being targeted.
http://www.wsaw.com/home/headlines/Local_Teachers_Outraged_Over_Gov_Walkers_Budget_Proposal_116097574.html
Educators not only receive handsome wages for a 190 (+/-) day work year but currently receive 11% of their annual wages contributed into their retirement fund 100% by taxpayers. Teachers contribute nothing, zip, zero, nada, towards their retirement fund.
There is absolutely no one outside the public sector who receives anything even close to that. Most private employers who do offer retirement plans will only match between 3% to 6% of the employees contribution into a 401k. That means the employee must first contribute to even receive the matching funds.
While most private sector employees are paying several hundred dollars a month towards health insurance, teachers pay little for health insurance coverage for plans that are far better than the coverage non educators receive.
I work for a private company who ranks in the top 100 hundred of the fortune 500 company list. My employer employs tens of thousands of people world wide. For 2011, not only are we receiving little if any pay increase, the company has announced they will be contributing less towards our 401k and we are now paying between 8% to 15% more towards our health insurance premiums each month, depending on the coverage we choose. I believe I fall into the same situation that the vast majority of private sector employees are currently in, if they are even fortunate enough to have any benefits at all.
Governor Walker sees the debt problem, knows we cannot continue on the fiscally irresponsible path, and knows something has to be done and has to be done now.
All he is asking, is for public employees to make the same concessions private sector employees are making. He is not doing it because he wants to, he is doing it because he has to. Jeez, what is so hard to comprehend about that ? The state is broke, the nation is broke. The good times are over and it is time to face the music.
The Antigo school board will begin negotiating a new contract with the Antigo area teachers union, maintenance staff union a support staff union next month, March 2011 for the next contract beginning in July 2011.
C’mon teachers, (and all public employees), stop whining and be thankful for all the good years.
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