In the face of hidden agendas to spur their own favorable ends - it is nice to see an article that gets it mostly right.
If you listen to MSNBC television, the "Fight The Power" radio and "Black Progressive Blogger Understudies" - you will hear the conflict in Wisconsin and Ohio and Indiana framed in terms of "The Republican Assault Upon The Working Class". Those who said nothing as I documented the eroded fiscal situation of California, Illinois, Michigan, New York and New Jersey based on their spending priorities are now motivated to speak out due to the "threat" from Republican governors. They can't see that THEY are the political operatives who are responding on queue to the "chum" that they are being fed.
Tim Curry does a good job adding texture to the conflict at hand.
- States have 19.5 million workers as compared to the 2.8 million federal workers. The pension and benefits crisis is hitting them particularly hard
- Pension costs are on an trajectory that is unjustifiable
- State funding has taken a hit recently, only exacerbating the problems
- Unlike the federal government the states can't use "debt spending" to stimulate their economies
- The risk of defaulting on municipal bonds
I will be on the watch out for how New York and California address their massive problems. I will keep a look out on how those who are claiming that this is about partisan politics will respond to these two governors who also have to deal with budget realities.