Welcome to the reckoning. We have met the fiscal apocalypse, and it is smack dab in the middle of the heartland. As Wisconsin goes, so goes the nation. Let us pray it does not go the way of the decrepit welfare states of the European Union.
The lowdown: State government workers in the Badger State pay piddling amounts for generous taxpayer-subsidized health benefits. Faced with a $3.6 billion budget hole and a state constitutional ban on running a deficit, new GOP Gov. Scott Walker wants public unions to pony up a little more. He has proposed raising the public employee share of health insurance premiums from less than 5 percent to 12.4 percent. He is also pushing for state workers to cover half of their pension contributions. To spare taxpayers the soaring costs of Byzantine union-negotiated work rules, he would rein in Big Labor’s collective bargaining power to cover only wages unless approved at the ballot box.
