Daily Archives: February 21, 2011

For Your Listening Pleasure

Did you listen to Sunday’s special edition of The KaibCast? If not, you can listen to it here.

And tune in to tonight’s KaibCast by going here. The show airs live at 6 PM eastern, but you can listen to it “on demand” after the fact.  I’ll be talking about Presidents Day (a probably my favorite topic of late, public-sector unions).

 

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Filed under Administrative Bulletin, KaibCast

Wisconsin Protests: A Few Moments of Clarity

What is going on in Wisconsin is not union-busting.  It’s called restoring fiscal sanity.

Up until now, the unions have been budget-busting, because unionized government workers typically don’t contribute much to their pensions and health insurance.

Some key points about the bill in Wisconsin (from The Daily Caller):

  • Public sector employees would still be allowed to collectively bargain on wages, but not on health-care or pension plans.
  • Raises would be tied to the inflation rate, unless the state’s voters deemed the employees worthy of larger raises.
  • Public sector employees would have to pay slightly higher rates for their health care and other benefits, but those rates would remain lower than those of the average private sector employee.
  • Public sector employees would be required to pay 12.6 percent of their health-care premiums; they currently pay about 6 percent.
  • Public sector employees would have to contribute 5.8 percent of their salaries to their pensions under Walker’s plans; currently some pay nothing. From 2000 to 2009, public sector employees paid $55.4 million into a pension system that cost $12.6 billion.
  • Police, firefighters and other public safety workers would be exempt from the new collective bargaining restrictions.

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Filed under Politics, The Economy, The Media