Discussions economy. finance employment. extremes in political opinion how to foster economic prosperity national deficit within the US people public sector workers recent recession relationships tackling the national deficit the economic recovery the economy in 2011 the global recession the natioanl deficit US citizens US government

Tackling the National Deficit

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While the common consensus of global opinion places the blame for the recent recession at the door of high level banking and investment operatives, its continuing effects are most significant amongst the working classes of society. Even as we continue along the steep and well worn paths of economic recovery, governments are still being forced to make budgetary cuts and modifications to combat the remnants of their financial deficits.

In Wisconsin this week, 15 educational facilities were forced to cancel classes in the midst of a staff protest at the state, in reaction to a proposed bill that would impinge their collective bargaining rights and reduce the governments contributions to their benefits. While the protest is perceived as one that is concerned with the financial implications, it is clearly more focused on worker rights and the punishment of staff for federal errors in judgement.

A Countrywide Issue

This issue is part of a larger picture, in which budgetary restrictions are being replicated and contested in many of the poorer US states. Put simply, the proposed legislation will implore workers to invest more in their individual health care premiums and pension contributions, while removing the burden from government institutions. Also, workers would default on their right to have dues deducted straight from their weekly or monthly salary.