The state is broke because the state made poor decisions, and poor money management by fund managers. Why blame the teachers? Taxpayers always take a risk. Every dollar spent in any manner is a risk. Pension funds owned GM and other companies that were thought "safe." In the 70's, people in bonds lost 50% or more in "safe" investments. The entire argument against unions and teachers is a red herring.
Back to the "making money" is the highest virtue of a society argument. ...and people wonder why America as an empire is in decline.
Don't even give Optional the courtesy of a reply. His last two arguments are so stupid they are completely indefensible. No wonder I have him on ignore. Unless you like arguing with morons you should do the same.
You are acting as if I want to pay teachers nothing. I'm saying they should not be retiring as multi-millionaires. And you call me unreasonable.
It doesn't matter who is at fault the state cannot afford those kinds of salaries or pensions period. What a load of crap More bull shit from ET's troll extraordinaire. It's declining, in part, due to fucked up "logic" such as yours.
Why shouldn't they be retiring with a million dollar pension after 35 years? Again, if the money was handled properly, a million after 35 years is not as much as you are making it out to be. http://www.infoplease.com/finance/commentary/feature/feature_100499.html This attack on teachers, unions, and pensions is a red herring.
How bout for starters because he was contributing to his own pension? Then why dont you add the fact that he also retired after 35years not 25 years And we are only talking about a guy who was responsible enough to do this, not the every day worker. Not only that, lets say you retire with 1.5 million, in this day and age that entitles you to about 50k per year, in a stable low risk investment. Teachers get 90% wage plus full health and dental for the full family. Meaning they will retire with over 80k+ a year in benefits and salary, and they put nothing into it. Meaning they will basically make twice as much if not more then your example.
No, your argument made no sense. You were acting as if by cutting the military budget we would have more money to spend on teachers. The two have nothing to do with each other. Sure, all money in the world is connected via other money. You can use that to connect anything you want. Your argument was pointless. The states are broke and it has nothing to do with the military. Go pour another glass of Kool-Aid.