2011-02-17, 08:49 AM
FrozNlite Wrote:If I can find the news article again, it would be to rework financial structuring. There was some article I read yesterday about how the governor himself already stated financial restructuring would cover $165 million of the $167 million that needs to be covered.
There's a lot more I could say, but I need to go do pomegranate if I still want to be on top of my studies and protest tomorrow. Bleh. I'll respond more later if people have other questions.
This issue that state goverments are having is a tough one for me to take a hard stance on. Currently, I believe that the financial restructuring that you are talking about will only fix the issue for the short term. States are going to have to make really tough budget cuts to solve thier budget issues for the long term. There needs to be a combination of financial restructuring and reasonable cuts in state employee benifits. IMO state employee pension plans are crazy. Hardly any public companies these days offer pension plans, so I think the states are behind the times with pension benifit reform.
Like I said, this is a really tough issue. Cutting benifits will negatively affect many people which no one wants to see.
With all that being said, I admire you for protesting for what you believe! Keep up the fight.