On the recordMarch 2, 2011
There are some things that I don't understand. Now, another myth and an untruth that has abounded in this debate is that somehow these public sector employees who are very well educated-- I mean, some of them are nurses, school teachers, career executives in State government. Well-educated people make less, it is true, they make less than their peers in the private sector because as part of their compensation they have accepted less in wages so that they could have a pension, so that they could have health care benefits. {time} 1720 And so the misinformation, the effort to gin up antagonism against public employees is totally faulty. Because the pensions, and I want you to share this with me as a lawyer and as a former chief executive, the pensions are obligations because people have already earned that money in lieu of the salary they may have received in the private sector.
