If New Jersey hasn’t contributed to the state pension fund in decades, and the state is not allowed to run a deficit (they just short-change the unions instead), how can the pensions be responsible for the financial problems?
And since the state is responsible for investing the money that the union members did put into the pension fund because they kept paying into it (and the State loses the money in the process), how can the employees be responsible for the financial problems?
For years the union employees have taken pay cuts or no raises in exchange for state promises of pensions and other benefits, thereby saving the state money, so how can the employees be responsible for the financial problems?
In other words, since the state of New Jersey is directly responsible for the current problems, why do people keep blaming the unions?
No comments:
Post a Comment