So what do you want? Another law making it illegal to break the first law broken?
I didn't intend to debate this, I was merely making a side point, but honestly i'd rather the system was changed so that individuals working for banks weren't making decisions worth billions with other people's money.
I showed you that Illinois public pensions are underfunded by $80 billion, and it has bankrupted our state. If you include county and municipal public pensions the figure is nearly double that, $150 billion or so.
No, you didn't. You linked me to some articles (one of which says "read the other editorial" on a page with about 50 links) saying that illinois was tens of billions in debt and had tens of billions of pensions obligations (doesn't specify over how many years those will be paid out), and then added the figures in yourself. You then peppered this with a few examples, and left completely alone the issue of how much an average pension was or anything along those lines.
I'm not purely partisan, if you can show me that average pensions in illinois are higher than elsewhere, or higher than can be argued fair or neccessary, i'll concede the point (that collective bargaining for pensions is badly handled in some situations, not that public sector unions are inherently a bad idea). But you haven't done that yet.
Doesn't just sound like it, it is a bad system. I'd say the odds of underfunding such a system approach 100%.
Then look around the world at the public pension funds that are being handled well.
This Grauniad page discusses future funding for UK public sector pensions - as a percentage of GDP, they are projected to fall, and that's before the tory contribution hikes are implemented (though I think after their retirement age hikes - bit cloudy). The
Norwegian Pension Fund is doing pretty well too.
Oh yeash, government work is frought with hazards. It was all sweatshops before collective bargaining! "Unfair dismissal", that's a good one! I don'f know what a unionized employee has to do to get fired. 25% of the CTA workforce doesn't show up on Monday or Friday. 30% of garbage collectors in Chicago don't show up on any given day. The absentee rate is 25% for toll collectorsw. Those aren't numbers of a workforce that thinks there's even a remote possiblity of getting fired.
I'm not calling you a liar, but you can see why I might have trouble taking these statistics at face value. Can you back them up?
And while government employees get generous retirement benefits and 100% free healthcare (even after becoming eligible for Medicare)
If they're taking the free healthcare, they're saving money by not using the state healthcare at the same time. I know private healthcare is expensive, but surely its not
that much more expensive that switching to it for 1% of the population would bankrupt the state.
the 99% of Illinoisans who aren't public employees get to pay for them. Grandma gets evicted from her nursing home, the poor get fewer services, state vendors don't get paid for 1-2 years after fulfilling their contracts (and many have gone bust waiting to get paid), roads don't get repaired, schools don't get repaired. All because the unions get theirs first, the rest of us have to get by on the scraps.
If public sector workers make up 1% of the population, exactly how much are you paying them in order to bankrupt the state? 50 times average wage?
Did you know Chicago police torturer Jon Burge still collects a $60,000 pension? Apparently the police review board decided that the torturing of suspects wasn't done in the scope of his employment.
That seems like an example of american bureaucracy being stupid, rather than a point on a wide enough scale to be of significance.
Quinn got elected by 5,000 votes, the difference was his union support. And frankly, no, I don't think he cares at all about the financial condition of the state. It's a running joke here that soon we won't have any public employees in Illinois, because 100% of our tax revenue will be going to pensions and health care to the retired employees. It's not too far off actually, right now 17% of the Illinois budget goes to retirement benefits of public employees. This number will only go up. Businesses are fleeing the state, because they know taxes will rise to pay for this largesse.
Again, some sources would be nice, along with any kind of analysis of how much average public sector workers get as pensions, how long they worked, typical private sector pensions, anything like that. On its own, these statistics don't mean much.
Party bosses pick candidates in Illinois, not voters. Districts are gerrymandered so incumbents can't lose. And we just passed "reforms" which limited contributions to political campaigns by individuals, but contributons by political parties remains unlimited. This put even more power into the hands of party officials, and voters have even less influence. Politicians are more loyal to the party bosses than to the voters. Government of, for, and by politicians.
That's some screwed up democracy, but you can't blame all that on public sector unions. More like america needs to have a quiet word with itself about political corruption.