SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Politics for Pros- moderated

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: LindyBill who wrote (365933)5/25/2010 1:59:24 AM
From: Elroy1 Recommendation  Read Replies (1) of 793881
 
The economic collapse of Greece is a wake-up call. The unsustainable combination of a bloated public bureaucracy, high deficit spending and unfunded pension obligations busted Greece's government bubble. Now the birthplace of modern democracy is on the brink of becoming a failed state.


That's a bit of an extreme conclusion. Cut government pensions and salaries by 20% across the board, and their budget is probably balanced.

What makes government employees think that they are entitled to be taken care of for the rest of their lives? Restaurant employees, construction workers, cleaners, store owners, and most other workers don't get taken care of post-retirement, why should the least productive and least necessary (government employees) get paid once they are done working?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext