Financial Planning for Philly’s 99%! Thanks, Mayor Nutter!

Posted: October 6, 2012 in Bidness, Police/Fire/Unions, Politricks

We’ve had Reaganomics and, now, Obamanomics, but closer to home we may be seeing a new mayoral riff on “the dismal science.”  This being the Greenest City in America, we’d like to call this brand of financial finagling: EcoNutmix.

The principals of EcoNutmix seem to include starving the union beast, raising property taxes during an economic downturn, and spending lavishly on a fancy concert for you celeb friends.

Philly’s unionized workforce (folks forced to reside in the city; aka taxpayers) has not seen any sort of raise, step increase, or cost of living allowance in over 3 years, but HAVE seen increases in health insurance premiums and union dues (Thanks, DC47!).  And our mayor has refused to make a good faith effort to negotiate these economic (and other) issues with union leadership, so his recent invitation seems a bit Romney-esque.  (Rumor has it that Nutter is headed to DC if the Dems are reelected, but maybe he’s playing both sides of the political coin in order to insure he can get outta Dodge?)  The mayor has invited all city employees to meet with a CERTIFIED FINANCIAL PLANNER™ professional (yes that’s a trademarked term).

Though it probably really is the people living paycheck to paycheck who are in greatest need of financial advice…

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