Once the money runs out, there is simply not money left to continue to pamper public employees:
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"State officials have already deeply slashed funds for programs and services, so the only place left to look for savings is payroll, said Raymond Scheppach, executive director of the National Governors Association.
Earlier in the recession, state officials tried to reduce employee expenses by instituting hiring freezes or furloughs. More than half of states proposed or instituted unpaid leaves in fiscal 2010, said Todd Haggerty, policy associate at the National Conference of State Legislatures.
But now that they are into their third year of tax revenue declines, states have little choice but to shed workers."
Have they even figured out that it is their unreasonable pensions and perks that are the root cause of the problem?