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.
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Today's Featured Article - Tractor Hydraulics - The Basics - by Curtis Von Fange. Hydraulics was one of the greatest inventions for helping man compound the work he can do. It’s amazing how a little floor jack can lift tons and tons of weight with just the flick of a handle. What’s even more amazing is that all the principals of hydraulic theory can be wrapped up in such a small package. This same package applies to any hydraulic system from the largest bulldozer to the oldest and smallest tractor. This short series will take a look at the basic layout of a simple hydraul
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