Matt Yglesias: “major breakdown of the logic of the American political system”

Don’t count me in Rep. John Boehner’s (R-OH) corner, and I am not enthused about him becoming Speaker of the House, but “teachers, police officers, guys who repair street signs, bus drivers, librarians, etc.” have become too large a financial burden on state and local governments. Their salaries are too high, their pensions are too lavish, the unions that represents them are too politically powerful, and their numbers are too high. All of this has to be paid for by our taxes. More taxes to them means less income for us. It’s a win-lose tug-of-war with them, in contrast to commercial transactions where one party voluntarily exchanges a product or service for money with another party. The other party placed a higher value on the product or service then the money in their pocket.



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