Professor Mark J. Perry's Blog for Economics and Finance
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Teaparty members are responsible adults that pick up their trash, say thank you and honor their obligations. Left talks about being green and are in need of a benefactor.
The country is in a bigger mess than most people realize.If the economy expands more quickly, oil may rise enough to slow economic growth, and perhaps cause a depression, while budget deficits balloon even more from unemployment.If the economy continues to expand slowly, we'll continue to underproduce, tax revenues will be low, and budget deficits will remain high.
The preliminary estimates were $7.5 million. Walker's administration has since backed off from that estimate. It's more likely going to cost around $350,000 to clean everything up.
When will the siege on taxpayers and taxpayer rights end?
My office is across the street from the New York City Hall and there are endless demonstrations and "What do we want?" theater throughout the year. The annual demonstration by the teacher's is always notable because of the huge amount of trash left on the streets.
Not long ago, the teachers union wouldn't give up an inch (no pun intended):Milwaukee Teachers Fight for Viagra CoverageAug. 6, 2010 CBS NEWSWith the district in a financial crisis and hundreds of its members facing layoffs, the Milwaukee teachers union is taking a peculiar stand: fighting to get its taxpayer-funded Viagra back. The union says Viagra, Cialis, Levitra and others are necessary treatment.But lawyers for the school board say the drugs were excluded in 2005 to save money, and there is no discrimination because they are used primarily for recreational sex and not out of medical necessity. Board and union negotiators reached a deal in 2002 to cover six tablets per month... which can cost $20 apiece without insurance...in health plans that insure 10,000 employees, dependents and retirees. They quickly became popular. By 2004, the number of claimants receiving prescriptions skyrocketed to more than 1,000 per year, costing the district $207,000. A consultant for the school board has estimated that reinstating the drug benefit would cost $786,000 per year - the cost to keep perhaps a dozen first-year teachers employed.
"The preliminary estimates were $7.5 million. Walker's administration has since backed off from that estimate"...It has?...Considering how its government work that larger number isn't exactly suprising...:-)Hmmm, do you have something newer than March 3rd?From the Milwaukee Journal-Sentinel 'All Politics' blog: Much of the damage apparently has come from tape used to put up signs and placards at the Capitol.It was not immediately clear how the estimates were made, though the state is apparently relying on opinions by historical architects, one of whom works for the U.S. Park Service.One concern is the residue from tape that the state says is causing damage to stone and other surfaces inside the Capitol.Michele Curran, an architectural historian for the National Parks Service who coordinates national historic landmarks in Wisconsin, said she didn’t know how the state had arrived at its damage figures...
"$786,000 per year - the cost to keep perhaps a dozen first-year teachers employed."Rookie public school teachers, who work less than 200 days a year, are paid over $65,000 a year? That's far more than most businesses pay a newly graduated worker with a BA degree who works year-round (~240 days a year). Plus, almost no other profession gets the retirement benefits handed to public school teachers. I have no pity for them.
I was actually PRESENT at the protests today, and I didn't see any Tea Party people there to help me clean up the food station mess that we were already cleaning up ourselves anyway -- as we've done every day that we've run it -- I'm more than a little hesitant to trust this propaganda.From what I observed, first hand, of other "union thugs" cleaning up their own messes, I'm rightfully skeptical of the $7.5 million dollar price tag for cleaning, as well. In fact, they've admitted themselves that the estimate was obscenely exaggerated.Think about that for a minute.
"I'm more than a little hesitant to trust this propaganda"...Funny thing is, I feel the same way about accepting what you have to say as factual also...
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This is a perfect example of how the government works. One unionized worker to execute the task and another to stand over him giving directions while periodically harassing the public. Notice the number of cops on hand to make sure that no one but unionized public workers do the job. Taking this single sticker off of the wall probably cost the taxpayer a couple thousand bucks in salary and benefits. The taxpayer harassment was just business as usual for public workers.
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Dr. Mark J. Perry is a professor of economics and finance in the School of Management at the Flint campus of the University of Michigan.
Perry holds two graduate degrees in economics (M.A. and Ph.D.) from George Mason University near Washington, D.C. In addition, he holds an MBA degree in finance from the Curtis L. Carlson School of Management at the University of Minnesota. In addition to a faculty appointment at the University of Michigan-Flint, Perry is also a visiting scholar at The American Enterprise Institute in Washington, D.C.
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