Bloomberg now takes on Pension reform

Bloomberg in his latest State of the City address outlines pension reform and suggests teachers be judged on performance and not on the length of their service as he goes on to say that older, longer serving teachers should give give way to younger, newer and thus cheaper teachers. Looks like experience is not going be valued in the teaching profession as well , instead of rooting out inefficiency and wastage the mayor wants to take the easy way out to save the city some money. At least that's what I seem to think.. thoughts?

http://www.dnainfo.com/20110119/manhattan/bloomberg-takes-on-pension-reform-state-of-city-address