Tuesday, June 29, 2010

Living the High Life or (Borrowing from the kids)

According to this Bloomberg article, Greek pensioners (retired government workers) receive about 96% of the salary they did when they were working.

Nice if you can get it. Something seems terribly out-of-wack with that setup.

No doubt it is legal. One can legalize theft and call it "right", but laws don't make things right or wrong. Piling up debt and obligations for others to pay only makes sense to me in a very few instances (like infrastructure projects). But what consequence is there (other than the scorn from those left holding the bill)?

Maybe the volume should be turned up on the scorn.

2 comments:

  1. I like that phrase-"turning the volume up on the scorn." That's good.

    ReplyDelete
  2. All I wanna know is, where can I sign up?!

    ReplyDelete