Originally posted by PsychoPawn
C) public employees losing their jobs.
D) public employees who keep their jobs having their salaries, pensions reduced significantly.
Is part of it.
Without the profit motive, the state doesn't have the same kind of incentive to rip off its workers as private companies do. Moreover, because they rely on votes and not profits, they don't have the same incentive to negotiate hard against the unions as private companies do.
To have unions of public companies enjoy the same rights and protections as unions of private workers is illogical.
In my town, the bloated school budget was causing backbreaking property tax hikes until they passed a cap on property tax hikes. Now the schools are feeling an enormous pinch because property tax can't be hiked more than a small percentage each year. You know what's putting the pressure on the budget? Not services for children or even current teachers' salaries. It's the enormous pensions and retirement benefits the idiot school boards negotiated away 20 and 30 years ago to the teacher's unions. I'm sure they knew it was going to come back to haunt the town eventually, but what did they care? They didn't have to answer to the market. They just had to answer to voters who don't have the attention span to worry about next generation's property tax. Taking on the teachers' unions, on the other hand, would have been very unpopular with the electorate at the time.
This is anecdotal of course, but I would guess the same phenomenon exists in many places.
I don't blame the teachers' unions for squeezing every ounce of blood from the taxpayers. Hey, they have the right to negotiate for anything they can. But when a politician uses legal political processes to curb the excesses that this sort of negotiating system, more power to him.