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.](https://files.pubsecalliance.com/wp-content/uploads/2013/11/detriot_protest.jpg)
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.