Terry tells VT Edition that state employees are hopeful this governor will respect employees and not treat them simply as drains on the state budget.
Great Job Terry! You articulate most employees’ thoughts very well!
"Yet, as America continues to search for solutions to its economic problems, it is the labour movement, and not the banking sector, that is getting it in the neck. This is despite the fact that many unions, especially in such cases as the bailout of Detroit’s automakers, have proved themselves highly flexible in sacrificing wages and long-held workers’ rights in order to preserve jobs."
3% Pay Cuts, Pension Fixes In 2007, Etc. Etc.
"Public servants are convenient scapegoats. [The GOP] would rather deflect attention from corporate executive pay that continues to rise as corporate profits soar, even as corporations refuse to hire more workers."
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"Most public employees don’t have generous pensions. After a career with annual pay averaging less than $45,000, the typical newly-retired public employee receives a pension of $19,000 a year. Few would call that overly generous."
Male Announcer (slightly sarcastic tone): Wall Street sure knows how to ring in the New Year. Hey, I’d party too if I made more in the last two years than ever before. Bankers, brokers and money managers collecting a record $144 billion in pay and bonuses. Not bad in the middle of the worst recession in generations. A time when the middle class is shrinking and New York working families are struggling to get by.