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sutisuc t1_iuygjcn wrote

Reply to comment by rubensinclair in Expected Pension burden will increase everyone's taxes AGAIN!!! by ProBillofRights

Cause they get paid much less than they would in the private sector so those losses are exchanged for better benefits and a pension. If you want a pension you can get a public sector job.

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Blecher_onthe_Hudson t1_iuz5463 wrote

I don't buy this in the least. All these teachers, firemen and cops would not be investment bankers. A relative has 2 Ivy degrees, manages a couple of dozen people in private health care, doesn't make what a teacher of similar seniority would, and has nothing like the Bennies.

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Crazy-Insane t1_iv4dzoq wrote

Then your relative is doing it wrong.

Sorry it had to be me to tell you, but it's true.

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jcskunk t1_iuytpql wrote

There is such a thing as regulatory capture. HCDO and their cozy relationships with public sector unions is a great example.

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