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Reply #21: That is a ridiculous and repulsive position for Cogan to take. [View All]

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DenverDad Donating Member (305 posts) Send PM | Profile | Ignore Thu May-19-11 09:13 AM
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21. That is a ridiculous and repulsive position for Cogan to take.
” They'll get an average of $1 million in cash and health-care bennies over the rest of their lives, which makes them millionaires!"

How long is the "rest of their lives"? 15 years? 20 years? That would average out to $50,000-$67,000 a year "cash PLUS benefits".

These were the same people crowing that teachers in Wisconsin made $86,000 salary PLUS benefits. One can't dismiss the value of health benefits. They amount to much more than pocket change.

These "senior millionaires" are likely living off about $2500 a month. I guess if they get a long-term debilitating illness they could "scam" they system for over $1 million. Those conniving bastards!
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