Sometime let's discuss the importance of sticking to a topic, not changing the subject, not trying to compare apples with cell phones or power lines with short stories. It really is important when one is comparing the magnitude of thievery between Unions and Management to leave out unfunded liability. It doesn't compute. If it does compute one does not understand.
TB, it really is that simple. Unfunded liability is an entirely different matter, a situation employers, both public and private, find themselves in when they agree to pay more in pensions than they set aside.
A unfunded liability is fighting a war without raising taxes, borrowing money which the next administration has to pay back.
It is not illegal or crooked, and it is NOT a Union function.
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Re: And as I carefully explained,
The whole thread (14 posts)
- TB - at the bottom of the "Grasshopper thread".