Why Wisconsin’s economic protests will only spread as health care costs bankrupt the states
by Mike Adams
What we’re really seeing today with the union worker protests in Madison, Wisconsin is the collision of money desires with fiscal reality. Everywhere across the country, union workers want to take home more money. Across the board, from teachers and firemen to law enforcement officers and government office workers, everybody wants a bigger paycheck. But the states are going broke. And the economic realities we’re now facing are making everybody nervous.
The voters, you see, don’t really want balanced budgets. Voters, as a rule, are rather short-sighted. They want the higher government wages, benefits and social programs today but they’d rather not think about the financial cost of it all tomorrow.
That works fine for a while… until tomorrow actually arrives. And then suddenly your state (or your nation) is facing a debt burden crisis that forces it to make extremely difficult financial decisions.