Aptos Psychologist: 20 million public sector retirees – the true “1%”
Sunday, May 20th, 2012The average public sector retiree gets $65 K a year compared to the average private sector social security benefit of $15 K. It’s an accurate statement to say that taxpayers are enslaved to the public sector unions and why collective bargaining by government employees must be limited. See article that appeared on the web site.
Government Employees – The True “1%”
By Wayne Allen Root, on March 6th, 2012
Editor’s Note: The claims made in this commentary by Wayne Allen Root are incendiary. But they are true. We are on track in the United States to pay more money to 20 million public sector retirees – at an average pension of $65,000 we will pay these retirees $1.3 trillion per year, then we will be paying in social security to 80 million private sector retirees – at an average social security benefit of $15,000 per year that will cost less, about $1.2 trillion per year. Providing a level of retirement security to government workers that only the wealthiest 1% can enjoy in the private sector is not “protecting the middle class,” it is economic enslavement by government unions over the taxpayer. This article originally appeared on FoxNews.com and is republished with permission by the author.
How did America become broke and insolvent? How did we build up an unimaginable $115 trillion in debt and unfunded liabilities? How did we allow the American Dream to become a nightmare? (more…)





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