"Older folks did dick..." An over-simplification of us retired folks,, but the way he works in in to context is sometimes funny but damn near always on the money - even for a self-admitted Democrat. He makes more sense than 99.9% of all Dims when he takes on a real subject. He doesn't blame us retired folks for today's money problems, but he explains what the kids are bitching about - and what they should do to remedy things. Go to work, get a job.Stop burning shit down.
Here's some stats to bolster his arguments:
Municipal employer pension contributions are significantly higher—running between 23% and 29% (with an average around 29.8% depending on the specific system and whether employees participate in Social Security).
Measured as a percentage of active payroll, average public County employer contribution rates sit around 21.6%, while employee contribution rates average roughly 6.3% to 8.1%.
Public State pension contributions average around 29.8% to 31.3% of active employee payroll when combining employer and employee shares.
At this level with not enough new employees at all levels,
these expenditures are untenable.
...
No comments:
Post a Comment