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 - Ford Part Number Trivia - by Forum Participants. "Replaced by" means the part was superseded. All of my part books date back to 1964 and New Holland have changed some part numbers. They usually put the old Ford part number on the package. I was suppressed when I looked up the part number of the auxiliary drive shaft because for some reason the part number went through a radical change and it lost its "Basic Part Number". Ford part numbers follow the following rules. Most part numbers are in three parts. The middle part is called the
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