Steady readers of this page will know I have been touting a major public backlash against public-sector spending in the US in the months leading up to the US mid-term elections this November. While the US fiscal situation is ghastly these days, there is light on the horizon.
Even our elected officials finally appear to be noticing (as their colleagues continue to lose primary elections).
Bottom line: If you are a public-sector worker getting ready to collect a fat pension–be afraid. Be very afraid.