Saturday, November 13, 2010

Don't blame pension obligations for budget crisis


Rochester Business Journal
November 12, 2010
No doubt about it, public employees have targets on their backs.
But one can make a powerful argument that the problems facing state governments are due to the failure of Wall Street and a horrible economy-not retirement funds for public employees. Research published a few weeks ago by the Economic Policy Institute and recent reports from several reputable news agencies also support this notion.

Ove Overmyer is president of CSEA Local 7420, City of Rochester Library Workers.

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