OSBA (Ohio School Boards Association) doesn't believe that property owners should have to pay more taxes in order to guarantee the long-term solvency of the State Teachers Retirement Service. Neither do I.
Look, when times were good and STRS was reaping fantastic returns on their investments, money flowed to retired teachers as STRS expanded and increased retirement benefits. Not a penny went to the taxpayer.
Now that the current financial downturn has hit STRS, teachers and retired teachers have the nerve to ask us for more. Amazing. They never shared their gains with us, but they have no problem pushing their losses back onto our shoulders -- with their hands deeper into our wallets.
Keep in mind that this worldview is the worldview of public education. And it is the worldview that is slowly destroying this nation. It is nothing less than greed -- greed that is fostered by government and the ballot box.