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Is anyone following Wisconsin?
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<blockquote data-quote="bluehdmc" data-source="post: 811956" data-attributes="member: 18471"><p>Gee, I'm a feeder driver from NJ and also live in NJ. NJ is a VERY EXPENSIVE place to live, I'll grant you that. Property values have skyrocketed. Many people move to PA because they can buy a 4 bedroom colonial for what they would pay for a bungalow in NJ. You could afford to live in NJ, you just couldn't live in the same type of house you have in PA. </p><p> </p><p>One of the reasons home prices have gone up so much in NJ and other places is because of the good schools, etc. "Quality of Life" is how it is usually expressed in the media when they list the "100 best places to live in the US". When they list the schools systems they talk about how many teachers have post graduate degrees etc. This is what drives up their salaries. So lets cut out the salaries, granted the teachers with 10 plus years in the system will probably stay there, but how are you going to attract new college graduates. In 10 or 15 years there's gonna be a crisis where they won't be able to get teachers. Of course the politiacians that caused that crisis will be long gone. </p><p> </p><p>The governor of NJ is also playing the same game, shouting the "Unions are out to break the middle class", again talking about public employee unions. What doesn't seem to get the media play is that part of the reason the public employees pension fund hasn't been fully funded for years, (about 20). This funding reduction was created by a Republican Governor. This let the politicians keep taxes down even though the economy was doing well, so they looked like heroes. </p><p>Another bill that's coming due is the money the states' unemployment fund has borrowed from the federal govt. Again politicians lowered the rates payed into the fund so the surplus did not grow while unemployment was low. The fund was designed to "save for a rainy day" but the politicians thought the sun was gonna shine forever!</p></blockquote><p></p>
[QUOTE="bluehdmc, post: 811956, member: 18471"] Gee, I'm a feeder driver from NJ and also live in NJ. NJ is a VERY EXPENSIVE place to live, I'll grant you that. Property values have skyrocketed. Many people move to PA because they can buy a 4 bedroom colonial for what they would pay for a bungalow in NJ. You could afford to live in NJ, you just couldn't live in the same type of house you have in PA. One of the reasons home prices have gone up so much in NJ and other places is because of the good schools, etc. "Quality of Life" is how it is usually expressed in the media when they list the "100 best places to live in the US". When they list the schools systems they talk about how many teachers have post graduate degrees etc. This is what drives up their salaries. So lets cut out the salaries, granted the teachers with 10 plus years in the system will probably stay there, but how are you going to attract new college graduates. In 10 or 15 years there's gonna be a crisis where they won't be able to get teachers. Of course the politiacians that caused that crisis will be long gone. The governor of NJ is also playing the same game, shouting the "Unions are out to break the middle class", again talking about public employee unions. What doesn't seem to get the media play is that part of the reason the public employees pension fund hasn't been fully funded for years, (about 20). This funding reduction was created by a Republican Governor. This let the politicians keep taxes down even though the economy was doing well, so they looked like heroes. Another bill that's coming due is the money the states' unemployment fund has borrowed from the federal govt. Again politicians lowered the rates payed into the fund so the surplus did not grow while unemployment was low. The fund was designed to "save for a rainy day" but the politicians thought the sun was gonna shine forever! [/QUOTE]
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