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Janus clawback: Follow the money

July 20, 2018

“… But the 'bright side' takes – that Janus will get rid of the political power of public employees – is absurd. First off, the states where the political power of the public employees has caused fiscal instability… their power will remain even if there’s no explicit union. Secondly — for the worst states … in terms of public pension problems — those liabilities are already accrued. Getting rid of those unions won’t do a damn thing for the already existing liabilities. So. Enjoy your 'win,', I suppose. …”

Read the full article on: STUMP

 
 
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