In a discussion of government pensions a person who makes their living lobbying for more money for government workers says:
“The biggest fallacy here is the discussion about comparing what a private sector employee gets to a public sector. And if where we want to go from a policy perspective is to go down and bring everybody’s boat down, so that they’re retiring on nothing, I mean that’s an interesting conversation to have. What do you do with those people?” said Cathie G. Eitelberg, senior vice president at the Segal Company, which advises public employee pension fund directors.This is a move up. The Democrats are no longer promising ponies. We will now get boats.
Which reminds me of John Kerry's little boat. Are we all going to get one of those? I propose we get ahead of this curve and start building yacht basins at once. Let me see. Seventy-six feet long would be about 16 feet in the beam. Times 300 million. I think taxes are going up. But at least we will all have boats. See. We just pass a law.