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Herald: Government employee unions are sucking the city dry

By GarrettQuinn on Thu, 10/23/2008 - 9:18am

Edward Mason writes in the Herald...

A staggering $3.2 billion IOU to pay off health and other benefits lavished on city worker unions has come due in Boston as the city grapples with a budget crisis that’s raising fears of massive layoffs and service cuts and even tax hikes for Hub residents and businesses.

...the best part for those of us without unionized government jobs...

Also, city workers can retire earlier than others, and people are living longer in retirement.

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Boston Herald
Tom Menino
Barbara Anderson
Citizens for Limited Taxation


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Comments

By adamg on Thu, 10/23/2008 - 1:45pm.

Because that would be really scary.

Or are we talking about stuff like pensions, which come due over the decades as workers retire? Still an issue worth considering, but it's not like the city's going bankrupt on Nov. 1 or something.

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By stephencaldwell on Thu, 10/23/2008 - 3:42pm.

Enjoy your stay. :-D

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By DarkSun on Thu, 10/23/2008 - 4:02pm.

The huge payout - much of it incurred during the 15-year tenure of Mayor Thomas M. Menino - is forcing the city to more than double its spending on benefits over the next five years, to $220 million, or roughly one-tenth of its current $2.4 billion budget

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