Ipmmb22: It’s not a teacher thing, the fact is that the MEA is trying to get something for their members but they either refuse, miss, don’t care to contemplate the long term costs. To complicate matters most legislators couldn’t balance their own checkbooks much less contemplate the...
That's been the problem all along, there may have been very short term savings but they are overwhelmed by the cost of providing not only the boosted benefits (be they at 2X or 1.5X) but having to amortize the existing (and growing) unfunded liabilities. Remember, the pension fund carries over $30...
What a timely idea. This bill would do more to provide new jobs for Michigan residents and help the Michigan economy at a faster rate than anything in the federal economic stimulus bill.
This bill is such a bad idea that it’s beyond comprehension that a Republican Senator could drink from this glass of cool aid. Maybe it speaks to the complete lack of financial understanding displayed by our elected officials. Here are the FACTS from the House Fiscal agency - the net annual cost...
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