» United States of Greece: The Countdown - Big Government
Dick Morris has picked up on a theme Education Action Group has been trumpeting for months: public employee union contracts, including school employee contracts, are unsustainable and have several states on the verge of fiscal collapse.
Recently on Fox News, Morris suggested California, Michigan, Illinois, New York, and Connecticut are the top five most likely to default, given the severity of their situation and the unlikelihood of the Feds or bond holders coming to the rescue.
“Education Action Group has been way ahead of the curve on this,” Morris told me. “EAG has been showing the major spending problems, stemming from outrageous contracts, for quite some time.”
Buffalo Public Schools revealed recently that it spent $9 million last year alone on elective surgery for employees. Coverage for such an extravagance, by its very nature taking funds away from the education of children, was due to the collective bargaining agreement.
In Milwaukee, the school district pays nearly $24,000 per employee for health insurance because such lavish benefits are demanded by the union.
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