Friday, February 25, 2011

Private vs Public

Midwest union battle: Wisconsin Assembly approves collective-bargaining measure - latimes.com

Are the private sector workers finally figuring it out that their taxes are paying for the higher salaries of the public sector workers? If so, the standard "rich vs poor" dynamic could shift to "overpaid relative to market value (public) vs paid market value (private).

How else will the political landscape be reorganized by realignment of interests due to a greater understanding of who is paying for what. Might Medicare and Social Security be affected.

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