Thursday, July 29, 2010
Quote of the Day
The benefit package of a majority of government employees, federal and local, are out of sync with the real world of private sector. It doesn't appear that California will be able to rein in their out of control expenses without filing bankruptcy. To date, it appears that New Jersey Governor Chris Christie has been successful in addressing the issue:
"This teacher complaining, they're getting four-to-five percent salary increases a year in a zero percent inflation world; they get free health benefits from the day they're hired--for their entire family--until the day they die. They believe they're entitled to this shelter from the recession when the people who are paying for that shelter are the people who have been laid off, who have lost their homes, had their hours cut back, and all we asked them to do was freeze their salary for one year and pay one-and-a-half percent of their salary for their health benefits. For the average teacher in New Jersey, you're talking about $750 a year for full-family health coverage. Now, I don't think that's a lot to ask, and I don't think we can continue anymore to be having the good people of New Jersey who have been laid off and all the rest--as much as I love teachers--you know, everyone's got to be part of the sacrifice."
" These teachers are still getting their four or five percent increases. That interplay that you just saw was about me trying to convince people that they need to take a freeze, but, in the end, they didn't. The state teachers union said--they had a rally in Trenton against me. 35,000 people came from the teachers. You know what that rally was? The "me first" rally. "Pay me my raise first. Pay me my free health benefits first. Pay me my pension first. And everybody else in New Jersey, get to the back of the line." Well, you know what? I'm not going to sit by and allow that to go unnoticed, so we'll shine a bright light on it, and we'll see how the people react. But I think we are seeing how the people of New Jersey are reacting, and that's how you make it politically palatable in other states in the country. Just shine a bright light on greed and self-interest."