Wednesday, December 21, 2005

It’s the Pension Stupid!

MTU president Roger Toussaint just held a press conference stating that the union would go back to work if the city takes the pension off the table.

Is this guy kidding me! It’s all about the pension. If the city continues to allow MTU workers to retire at age 55 with no contribution the system will go bankrupt. It’s ironic that Toussaint is fighting to protect new workers from having to pay into the pension, when by keeping the pension as is will cause it to go bankrupt leaving those new workers without one.

Has this Croissant, Toussaint or whatever his name is ever taken an economics class?

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