James Carr explains in simple terms why teachers are basically being fleeced

From James Carr

May 16, 2023

Why are teachers paying 14% of their salaries to STRS and working for 35 years only to retire on a fixed income without a COLA?

The answer is  simple. We are supporting a huge number of dependents.  

The STRS staff of employees need our money to sustain their extravagant lifestyles. All of those bonuses, perks and amenities need to be paid for.

The politicians need our money. The donations (dark money) STRS/OEA provides are helping them to maintain their political power base. Just ask Mike DeWine, he loves us to death!

The Wall Street money managers need our money. The hidden fees provide them with millions of dollars so that they can maintain their financial empires.

So we need to keep working, and sacrificing, and doing without. Until we find a way to shed these dependents (parasites), we are never going to thrive.