It's starting to happen on the local level here in Michigan. Revenues are shrinking and local budgets are in the red. Biggest causes for present and future local budget deficits are benefits for present and past goverment employees. Our county has been offering a sweet deal so employees can retire at 50 with full benefits. They also play games with OT pay, sick time, etc. so govt employees retire and their pension is calculated using all these add-ins. It's not unusual here in MI to hear a story about a police chief who retires with a six-figure pension, more than he made annualy before retirement. There's also a lot of double dipping where a city employee works just enough to qualify for a pension, then transfers to the county and works enough for a county pension. Couple this with retirees getting full paid health care and there's no money left for the day-to-day city or county operations, like fixing the roads.
As I said though, the taxpayers are getting wise and telling local govt to cut costs, especially in the health care and retiree benefit areas I cited. If it starts to work at the local level, it will then move to the state level and then, hopefully, to the federal level.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - Old Time Threshing - by Anthony West. A lovely harvest evening late September 1947, I was a school boy, like all school boys I loved harvest time. The golden corn ripens well and early, the stoking, stacking,.... the drawing in with the tractors and trailers and a few buck rakes thrown in, and possibly a heavy horse. It would be a great day for the collies and the terrier dogs, rats and mice would be at the bottom of the stacks so the dogs, would have a busy time hunting and killing, all the corn was gathered and ricked in what we c
... [Read Article]
Latest Ad:
1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.