Councilman Carl DeMaio has made a reasonable proposal to cure most of San Diego City economic woes, now that the taxpayers have loudly spoken by defeating an increased sales tax. (Prop. D.)
The unions will likely thwart all of DeMaio’s efforts.
Forget the fight between competing interests. The City is broke! You can delay the inevitable, you can parse the numbers, you can nibble around the edges but you can avoid all of the lengthy angry discussion — not the eventual pain.
The nation cannot bailout the state, and the state cannot bail out the city. The money is in the salaries, and somewhere before the streets become so pot-holed that only raised trucks can travel, and all roads are awash with burst water pipes, someone getting those salaries must agree to something.
Declare bankruptcy and let the Court decide. We will see if the union power will survive the court. Cut to the chase — everyone is waiting for someone else to absorb the pain, meanwhile the taxpayers are hurting and no one wants to join them, just exploit them to absorb more pain.
The taxpayers, city, state and nation have spoken. The powers are still not listening but if they continue fighting over diminishing spoils they will be ruling economic chaos.
Little value, that!
Filed under: Culture, Economics, Politics, Taxes, Unions | Leave a comment »