More. More. More. More. More. And, by far the most important HERE!!!!!!!!!!
Here's an excerpt from the last by Steven Greenhut in the Wall Street Journal:
The study also found that lavish pay and benefit packages were a root cause of the city's problems. In Vallejo compensation packages for police captains top $300,000 a year and average $171,000 a year for firefighters. Regular public employees in the city can retire at age 55 with 81% of their final year's pay guaranteed. Police and fire officials can retire at age 50 with a pension that pays them 90% of their final year's salary every year for life and the lives of their spouses.
We could argue that firefighters and police officers are worth every penny they pay, or every raise they give themselves. But, when a given city is paying up to 75% of its income on public servants, then very quickly that city finds itself near bankruptcy.
What is the answer? Pay them according to their level of productivity. Would this work? What exactly do they produce? Public safety is somewhat intangible (however it becomes real when your house is on fire or you're getting regulated upon).
Paying police officers and firefighters less is unpalatable to members of either political party. I imagine there will be many more bankruptcies before a politician works up the courage to make the suggestion.