Reason Writers on the Tube: Damon Root Talks Public Sector Pensions on Freedom Watch

Reason Associate Editor Damon Root appeared on Freedom Watch With Judge Andrew Napolitano to explain why it's so difficult to cut public-sector union pensions and why they may soon bankrupt several U.S. states.

Air Date: January 20, 2011.

Approximately 5 minutes.

Comments

[gory gomo]

LOL, I never thought about it like that before.

total-anonymity.edu.tc

[Fist of Etiquette]

Root looks to be twenty years old. I've seen a more convincing beard on Tom Cruise's arm.

Having said that, he did an excellent job. We have yet another FoxNews staple guest from Reason's deep bench.

[martina providence]

While labor unions may protect members' salaries, it does little to protect the taxpayer's wallet. Civil servants whose job is really to serve the people, have done more to serve themselves with contracts that have ladened the taxpayers with ever-increasing property taxes, top dollar salaries, Cadillac health benefits, and a cozy retirement pension ( largely funded by the taxpayer). Meanwhile, a vast majority of Americans are either losing jobs, taking pay cuts, or even losing their homes to foreclosure. At one time, these salaries had been humble but at least they had medical benefits and a small pension. Now they have their cake and are eating it too, while most Americans are paying well up to 60% towards their health insurance with no guarantee of a pension when they retire, let alone their job. Should the taxpayer be monetarily penalized for the irresponsible fiscal actions of corrupt politicians past?

bluestockingpatriot blog

[martina providence]

While labor unions may protect members' salaries, it does little to protect the taxpayer's wallet. Civil servants whose job is really to serve the people, have done more to serve themselves with contracts that have ladened the taxpayers with ever-increasing property taxes, top dollar salaries, Cadillac health benefits, and a cozy retirement pension ( largely funded by the taxpayer). Meanwhile, a vast majority of Americans are either losing jobs, taking pay cuts, or even losing their homes to foreclosure. At one time, these salaries had been humble but at least they had medical benefits and a small pension. Now they have their cake and are eating it too, while most Americans are paying well up to 60% towards their health insurance with no guarantee of a pension when they retire, let alone their job. Should the taxpayer be monetarily penalized for the irresponsible fiscal actions of corrupt politicians past?

bluestockingpatriot blog