Daily Caller Op-Ed: No More Bailouts For Government Union Bosses

Earlier this week The Daily Caller ran an op-ed from Stan Greer on the fiscal disasters impending in union-run states like NY and CA. See below:

For many years now, the hefty income taxes paid by a handful of high earners in the financial industry have been helping prop up the public finances of two of America’s most populous and politically powerful states: Big Labor-dominated New York and California.

It is largely thanks to the willingness of executives of banking and investment firms to stay put and keep forking over huge sums of tax money to state and local government coffers, year after year, that the grossly fiscally mismanaged Empire and Golden States have managed to keep their budgets afloat, more or less. 

Unfortunately for current union-label Democrat Govs. Kathy Hochul and Gavin Newsom, it seems even state-proud bankers and money managers won’t tolerate getting bilked forever…

Stan Greer, The Daily Caller

Read the full post here.

Stan Greer serves as Senior Research Associate for the National Institute for Labor Relations Research. Mr. Greer holds a Bachelor’s degree (1983) from Georgetown University in Washington, D.C., and a Master’s degree (1986) from the University of Pittsburgh.