Monday, February 28, 2011
Oh, To Be a Teacher in Wisconsin - WSJ.com
I wish there would be some reporting on why the mechanism of elected officials negotiating contracts is doomed to failure.
Elected officials have no profit/loss incentives.
Elected officials are unlikely to still be around when the consequences of their negotiations take effect.
Elected officials get campaign contributions from unions.
And with all that being said, elected officials are NOT the abusive employer that unions are intended to mitigate...
Elected officials have no profit/loss incentives.
Elected officials are unlikely to still be around when the consequences of their negotiations take effect.
Elected officials get campaign contributions from unions.
And with all that being said, elected officials are NOT the abusive employer that unions are intended to mitigate...
Robert M Costrell provides some info at the online Wall Street Journal:
"The showdown in Wisconsin over fringe benefits for public employees boils down to one number: 74.2. That's how many cents the public pays Milwaukee public-school teachers and other employees for retirement and health benefits for every dollar they receive in salary. The corresponding rate for employees of private firms is 24.3 cents.
Gov. Scott Walker's proposal would bring public-employee benefits closer in line with those of workers in the private sector. And to prevent benefits from reaching sky-high levels in the future, he wants to restrict collective-bargaining rights."
