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Originally Posted by tripin_billie
Except that when the good times are rolling, the public sector doesn't see the giant 25% of salary bonuses and other perks of the private sector. There is a trade off that is made. Security (typically even through recessions) vs. large bonuses and higher salaries. I don't see folks in the private sector complaining when the good times are rolling and public sector employees are being left behind. It is pretty petty to then turn around and complain that those who took the security path should feel pain because you did...
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Quote:
Originally Posted by tripin_billie
That's a fair argument. What I'm just trying to point out is that it feels like punching down when those who take the higher-reward-more-risk path fall on harder times and then want to inflict that pain on others.
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You do realize public sector pension funds contain oil & gas investments?
I mean, BC Investment Management corp. has a position of over $18 million in Kinder Morgan shares that their own government is fighting them over.
I don't understand your point.