Having just visited Haiti and walked around a school:
And while that may sound like little more than some random cocktail party trivia, it reminded me of a recent comment from Congressman Chris Murphy regarding the $26 billion teachers' job bill:
"I've got cities in my district about to lay off 135 teachers-New Britain, for example-and class sizes could balloon to 40 kids per class," Murphy said
I don't think the phrase Third World America is so far from the truth. And I hope that We the People demand real answers from our elected officials this November. Hope'n'change is nonsense. We need our elected officials to debate the merits of fiat money vs. sound money ... fractional reserve banking vs. full reserve banking ... and the existence of a central bank... among the range of economic policies that must be discussed if America is to avoid Third World status... or at least avert a prolonged stay there.
Tim White
The problem is simple. Binding Arbitration. Return to regular collective bargaining and we will see salaries in line in what the economy can bear.
ReplyDeleteIt's not a macroeconomic problem Tim, its' a leadership problem