It's Time to Rein in the Public Employee Unions
In this episode, Dr. Veltmeyer takes on the disproportionate power of the public employee unions. He addresses the fact that these unions and their contracts have driven and are driving state and local governments to bankruptcy. With unfunded liabilities of more than $5.2 trillion, cities and states will never be able to honor these pension commitments to retired teachers, police, and other government workers without massive tax increases or equally massive cuts to public services. The public employee unions have gained such power through their huge political contributions to favored candidates, usually Democrats, who then vote on their contracts -- an outrageous conflict of interest that amounts to legalized bribery. It's time to confront the power of these unions and their illicit political activities before it's too late.
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