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Edward Ring

Social Security is Healthy Compared to Public Sector Pensions

Last week yet another missive on the lessons to be learned from Detroit’s bankruptcy was published, this time in Forbes Magazine by Jeffrey Dorfman, an economist at the University of Georgia. Dorfman’s article, “Detroit’s Bankruptcy Should Be A Warning To Every Worker Expecting A Pension, Or Social Security,” clearly implies that future Social Security benefits are as financially imperiled as public sector pensions.

This is patently false, and spreading this falsehood has dangerous consequences.

Not only are the financial adjustments necessary to fix Social Security far easier to implement than what it’s going to take to rescue public sector pensions, but the sheer size of the public sector pension liability is actually bigger than the total liability for the entire Social Security fund. It is imperative that American voters understand this fact.

In the United States today about 20% of workers are employed by the government (or public utilities that offer benefits on par with… Read More

Edward Ring

How Public Sector Unions Skew America’s Public Safety and National Security Agenda

It would be redundant to summarize recent revelations concerning just how big America’s national security state has become. Two reports, both written in the last two days, do a really good job: “The Making of a Global Security State,” by Tom Engelhardt, published by The Nation Institute, and “5 Alarming Things We Should Have Already Known About the NSA, Surveillance, and Privacy Before Ed Snowden,” by Brian Doherty, published by the Reason Foundation.

It is encouraging that both of these articles address the same topic and summon the same moral concerns, despite being published by top-tier think tanks – the Reason Foundation and the Nation Institute – that occupy opposite positions on the right/left continuum. What is discouraging is neither of these articles explore the connection between unionized government and the alarming police state trends they describe so thoroughly.

The centrality of patriotism and law-and-order priorities blinds many on the… Read More

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