Quote:
Originally Posted by realcoray
It's upper middle class in many areas, but it's comparable to many private employers.
I fall more with Greg on this, their incomes are not necessarily out of alignment, it's really that they have a pension at all. That isn't something you can just turn off overnight but you do something like the automakers did, say from this point forward everyone gets a 401k or similar with some matching, and the other people we just deal with the fact they will get a pension.
I also laugh at the idea that private industry is somehow more efficient than government. Every place I've ever worked, large and small has had tons of waste and inefficiencies. The larger they are, the worse it seems to be but even 10 man companies aren't necessarily paragons of efficiency.
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Only one difference with private industry. They go bankrupt and cease doing business due to a word called consiquences. They also don't have the option of just borrowing more.
True, I have seen some pretty pathetic waste in the private sector. However as Americans we have the right to not invest in companies like this and still live in America.
With the government we are forced to invest in the government, and the only way to get out of it is move to another country.
This sounds a little like the Hitler / Volkswagen story.
I know, I know, if ya don't like it, move to another country.