Tuesday, April 5, 2016

Fight Between Public and Private Sector Coming To US

State and local budgets, deteriorating rapidly as the US economy enters the liquidation phase either by late 2016 or 2017, will pit the public sector against the private sector in rumble not seen since the Thriller in Milla (Ali v Frazier 3). The public sector, despite decades of mismanagement and failed promises, will push everyone to pay their 'fair share' to maintain the illusion of normalcy. The pushing process, generally met with grumbling acceptance during the prosperity phase, will be met with resistance as standard of livings crumble across most social classes.

Ali v Frazier 3 Thrilla in Manilla

Headline: New Jersey sues Atlantic City to protect teacher pay

The state of New Jersey is suing Atlantic City to make sure the city's teachers get paid amid a fiscal crisis.

Governor Chris Christie said Monday that Education Commissioner David Hespe is suing the city "at my direction" to "protect the property tax collections that rightfully belong to the Atlantic City school district and the children and families that they serve."



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