10 IMPLICIT fallacies justifying opulent government pensions
There are many, many fallacies in the sometimes explicit but often IMPLICIT reasons given for paying out great government pensions. Here’s my selection for the top ten bogus excuses: 1. “Public employees deserve high pensions because they work for low wages.” FALSE. Perhaps true at one time, but not any more. In many instances, today’s government employee is earning 10%-30% more than their true private sector counterparts — and with far better job guarantees. BTW, the bogus union salary comparisons usually cherry pick the private sector — including in their “surveys” only the largest and wealthiest private sector employers — along with monopoly public utilities. 2. “Government employees should not have to save for retirement.” … Read More