2013-03-03 04:21:04 UTC
3/2/13 http://www.france24.com/en/20130302-hundreds-thousands-march-against-austerity-portugal-0: Hundreds of thousands of people took to the streets of Lisbon and other Portuguese cities Saturday to protest against the government's austerity measures aimed at rescuing the debt-hit eurozone nation.
The march included groups of teachers, healthcare workers and pensioners who have been especially hard hit by the budget cuts.
After cutting salaries and pension benefits in 2012, the government this year has declared a general tax increase and expects to impose further cuts
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Then look at American unions:
-http://nces.ed.gov/programs/digest/d09/t… National Center for Education Statistics, Average salaries 2007-08: Government school teachers, $53,230; Private, $39,690
-3/31/10, postalemployeenetwork.com: “Postmaster Potter has made headway in reducing work hours and the costs of benefits and pensions, but the average postal employee still makes $83,000 in salary and benefits a year, placing postal workers among the highest-paid government employees.”
-8/13/10 USA Today: Federal civil servants earned average pay and benefits of $123,049 in 2009 while private workers made $61,051 in total compensation, according to the Bureau of Economic Analysis.
8/15/12 USA Today/Gannet:
-More than 21,000 retired federal workers receive lifetime government pensions of $100,000 or more per year.
-Government pensions are vastly more generous than those in the private sector," says economist Veronique de Rugy of the market-oriented Mercatus Center: The average federal pension pays $32,824 annually. The average state and local government pension pays $24,373, Census data show. The average military pension is $22,492. ExxonMobilExxon Corporation, which has one of the best remaining private pensions, pays an average of $18,250 per retiree.
-Pension payments cost $70 billion last year, plus $13 billion for retiree health care. Taxpayers face a $2 trillion unfunded liability.
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1/20/11 http://www.nytimes.com/2011/01/21/business/economy/21bankruptcy.html?_r=0&adxnnl=1&pagewanted=all&adxnnlx=1349784401-+wi3Bo8ftlRwfSN3UT2ByQ: “Policymakers are working behind the scenes to come up with a way to let states declare bankruptcy and get out from under crushing debts, including the pensions they have promised to retired public workers.”