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Old February 23rd 07, 01:29 AM posted to rec.aviation.owning
Matt Whiting
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Posts: 2,232
Default annual interruptus

Margy Natalie wrote:

Jay Honeck wrote:

Steve has recently laid off his part 135 pilot, his mechanic, and his
two flight instructors, all his planes are up for sale and I suspect
he is 99 & 44/100% of the way to GONE - to Arizona probably.... He
says her new taxes are the last straw...
Along the way, he has lost 20 pounds from having to do everything
himself now...




That's awful. My sister lives near Lansing, MI, and she regales me
with tales of that state's fiscal woes nearly every week. She's a
retired school teacher who is worried because their pension fund has
been raided by the state in order to fund...who knows what.
Technically, her income is now vapor-based.

(Of course, we could debate the merits of a system that allowed her to
retire -- with full benefits -- at age 55, but perhaps we shouldn't?)



Jay, go spend a week in a classroom and then say teachers shouldn't be
able to retire with 30 years at full pension. The average life
expectancy of a teacher is 5 years in the classroom.


That is a different problem and is the one that should be addressed, not
providing early retirement for teachers.

Matt