United Kingdom Shows That Austerity Does Not Grow the Economy

Why can't the government simply cut salary and benefits of gov't workers, without taking their jobs away? That form of austerity does not increase unemployment. A 5% cut in salary and benefits (along with raising the retirement age of gov't workers to 65) would do wonders for reducing expenses. It would also help identify the few workers who don't want to have their jobs, so you could replace them.

There is no reason that public sector employees should have benefits so far out of line with the private sector. This nation was built on the backs of manufacturing, not bureaucracy. The days of working until you are 52 and getting a full pension for life should have been gone a long time ago. Even auto manufacturers got wise to that.

ChemE of FL 9:51PM January 30, 2012