February 19, 2011
Meanwhile, Back at Reality Ranch…

As if facts made any difference, but here they are:

…If you prefer it in non-graph form: “Wisconsin public-sector workers face an annual compensation penalty of 11%. Adjusting for the slightly fewer hours worked per week on average, these public workers still face a compensation penalty of 5% for choosing to work in the public sector.”

The deal that unions, state government and — by extension — state residents have made to defer the compensation of public employees was a bad deal — but it was a bad deal for the public employees, not for the state government. State and local governments have been able to hire better workers and get more work out of them by negotiating contracts that they might not follow through on.

The ones who got played here are the public employees, not the residents of the various states. The residents of the various states, when all is said and done, will probably have gotten the work at a steep discount. They’ll force a renegotiation of the contracts and blame overprivileged public employees for resisting shared sacrifice. It’s a neat trick…

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Posted by Jerome Doolittle at February 19, 2011 04:52 PM
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