To the Editor:
I wonder if your July 6 article on the plight of the six-figure Illinois public pensioners could use a little perspective. Let’s see ... worst credit rating of all 50 states, recent 66 percent tax increase, $17 million a day to service the pension debt, highest per capita state debt, grotesque cutbacks, near boundless pension enrichment locked into the state constitution, as the clowns in Springfield play patty-cake.
And we’re supposed to feel sorry for the public pensioners as they sweat out how much of an automatic pension increase they get?
How about a story on the average Joe who’s paying for this mess, the private sector taxpayer? How does the average private sector income compare to the Illinois public sector? How do the individual pension contribution percentages compare? How much would a private sector worker have to save to match the lavish pension payouts from the state? Let’s not mention things like productivity, paid holidays, unused sick days and student test scores.
The current pension mess is a product of the public sector unions, and their voting blocks, in bed with corrupt state politicians, together with an ignorant voting populace. No entity, public or otherwise, can sustain paying large groups of people near full salaries for doing nothing. Permanently embedding all of this into the Illinois constitution was a negligent act and makes private sector workers servants of the state. Illinois ... a must-leave state.