Wall Street killed Detroit, not police pensions
it’s not the cops, teachers and firefighters that caused the problem. It’s greedy Wall Street bankers. let’s lay the blame where it belongs.
If you want to understand how “pay-to-play” news reporting works these days just check out this USA Today editorial on Detroit:coming directly from the Koch brothers think tank propaganda machine.
They write, “One lesson is that public disgust with government — and particularly government spending — includes anger over the unaffordable sweetheart deals that states and localities signed with public employee labor unions, a core Democratic constituency.”
This is total nonsense. It turns out that a plurality of Americans, even according to John Arnold’s Pew research, don’t think pensions are too large – especially in Motor City where the average pension earned annually by a teacher or cop is $19,000 annually. Pew’s poll shows that 55 percent of poll respondents believe public pension benefits are currently about the right amount, or even too small
Here’s someone with a different take – who uses arithmetic instead of focused-group hyperbole and all the buzzwords like greedy union thugs and out of control government spending.
Compare and contrast the two pieces. Very interesting.
Subscribe
If you enjoyed this article, subscribe to receive more just like it.
