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Public pensions unsustainable

Re: Time for B.C. to get smart or go broke, B.C Views; Politicos call on feds to fund LRT, B次元官网网址, Aug. 12, 2011.

Re: Time for B.C. to get smart or go broke, B.C Views; Politicos call on feds to fund LRT, B次元官网网址, Aug. 12, 2011.

There were two articles that struck me in the Gazette on Friday. One was the editorial from Tom Fletcher.

How can it be sustainable to have more people with pensions in the public service than in the private?

The private sector is losing jobs, closing stores, leaving the province for Alberta where taxes are equitable or leaving the country all together. That leaves a smaller tax base from which to pay these huge pensions. Look at Greece.

There was also an article regarding light rapid transit, and a comment from Denise Savoie was especially disturbing: B次元官网网址渋t canB次元官网网址檛 be paid from taxpayer, property taxes or gas taxes alone.B次元官网网址

Where does she think that federal funding comes from? Taxpayers, Denise.

Allison Barber

Colwood

 

 

 



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