Maybe it’s time teachers learned a lesson…about reality.

February 15th, 2006

Defending the unaffordably-lucrative healthcare benefits enjoyed by retired teachers, viagra buy viagra the president of the American Federation of Teachers said, buy cialis healing “Hard-working people earned these benefits over many years, deferring compensation until now.”

I own my own business.

For years, I’ve made less than I could have working for someone else.

I do this with the hope that eventually I’ll make MORE money than I would have working for someone else.

Basically, I have “deferred” part of my compensation until later.

Or course, if the world changes and my “deferment” doesn’t pay off, no one is going to compensate me for my hard work.

To me, this is the fundamental problem with unions, they want the world to work in a way that it simply does not.

And when they get their way, they become like creeping vines that slowly choke the life out of companies like GM and communities like Milwaukee.

Entry Filed under: Philosophy,Politics

1 Comment Add your own

  • 1. Rick  |  February 16th, 2006 at 1:02 am

    The value of retiree health benefits is colossal. Say you average jamoke wants to retire at 55. He’s got enough money to get by. But he needs health insurance. Assuming he can even get it, what’s it going to cost at that age. 15k? 20k? More? What would be the level of deferred comp needed to pay for that for as long as you may live. Since deferred comp needs to be taxed when you get it, I think were talking well into six figures.

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