Apparently, if you poke an earthworm a few hundred times, it eventually starts avoiding your finger. In California state politics, it’s looking like a few liberal stalwarts are starting to think twice about the Democrat Party’s sweetheart pension deals given to public employee unions. Any rational person that looks at the financial benefits of becoming a California cop, firefighter, or prison guard (among others) is bound to give serious thought to abandoning any other career option. Why? Because you can retire at 50 and get 90% of your last year’s pay. For the rest of your life. Guaranteed.
Think you can get that kind of compensation in the private sector? There’s a reason – it’s unsustainable. So says Democratic State Treasurer Bill Lockyear. But with the state facing a $20 billion deficit this year and Arnold Schwarzenegger entering his last as governor, it looks like Golden State taxpayers are in for another round of deferred maintenance on state budgeting. All this insanity kinda makes one wonder why anyone would want to be governor of California – or even a citizen.
H/T: Wall Street Journal
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