This Tuesday’s election in Wisconsin could be very big, since unfunded public sector pensions may bankrupt us before our exploding entitlement programs do. From California to Greece, feather-bedded health&retirement packages crowd out other spending, corrupt the politcal process, and impede required reforms – like the successful ones in WI that triggered the efforts at recall.
Here’s Michael Walsh in today’s NYPost, Wisconsin End Game:
Despite the left’s apocalyptic warnings, Walker’s reforms have helped turn the state’s ruinous finances around. His rollback of union “rights” — which started the whole mess — isn’t even being discussed anymore. Job creation is up and public education’s finances have been dramatically reformed and stabilized…
Obama-tested slogans such as the bogus “war on women” and the hate-the-rich meme have popped up on yard signs across Wisconsin, but the local party’s sagging fortunes mirror the president’s. A big Walker win will send an unmistakable message to Washington: Stop spending, and start reforming.
For Wisconsin has always been one front in a larger civil struggle. On one side are the forces of take: the greedy public-service unions, with their sweetheart salaries and gold-plated retirement and health-care packages, “bargaining” with the same Democratic politicians they support with their union dues.
On the other, the tapped-out private-sector taxpayers who are bearing the brunt of the recession and have been seeking a champion.
As President Franklin Roosevelt famously warned, public-employee collective bargaining is incompatible with fairness. More to the point, FDR said: “Militant tactics have no place in the functions of any organization of government employees [who have] the obligation to serve the whole people, whose interests and welfare require orderliness and continuity in the conduct of government activities. This obligation is paramount.”