Tuesday, February 22, 2011

It's Always Been About the Economy (An Economy Saddled With Debt)

Social discontent grows as economic reality of excessive debt burdens manifests itself into lower standard of livings for all. There's always been a fine line between protest and riot. People that believe that have nothing to loose tend to cross it. Here's to hoping we stay behind that line in America.

Headline: Wisconsin Labor Fight Spreads to Ohio, Oklahoma and Indiana

Many unsettled Wisconsin teachers returned to work today after more than a week of protests against Republican Governor Scott Walker’s budget proposal to increase benefit costs for public-sector employees and put an end to unions’ collective bargaining rights.

With states like Wisconsin facing multi-billion dollar budget shortfalls, it is easy to see that something has got to give. It is even clear to public employees in Wisconsin who agreed to work with Gov. Walker in closing that state’s $3.6 billion budget gap by paying more for pension and healthcare benefits.




Source: finance.yahoo.com

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