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PUBLIC EMPLOYEE UNIONS (PART 2 of 2): ARE THEY TO BLAME FOR OUR BUDGET CRISIS?

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Uploaded on Mar 3, 2010

Fox Business Anchor John Stossel (recently departed ABC news anchor) reports on the significant fiscal impact of public employee unions(PUE)(teachers, police, firefighters, etc...) on state and local governments. He interviews Steven Greenhut, author of "PLUNDER!: How Public Employee Unions are Raiding Treasuries, Controlling Our Lives and Bankrupting the Nation"

Greenhut alleges that due to the powerful political influence of public employee unions, they have gained an unsustainable level of pay and benefits, untouchable even in a fiscal crisis unless there is mutual agreement to reduce pay and benefits. It is also very difficult to nearly impossible to fire any public employee. This has led to higher taxes, depleted services, and excessive levels of debt with most of the available funds paying the union workers and paying the required contributions of their pension funds at the public's expense.

http://www.amazon.com/Plunder-Employe...

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