Quote:
Originally Posted by Frank MetaMusil
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.
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I'm not sure what they invest in is related to my point at all. The graph was trying to make the point that during the recession, compensation for public sector employees continued to grow (whether that was salary growth or number of staff is unclear). It was implied from that tweet that those employees should be penalized with cuts. My argument is that I don't ever see charts like that during growth periods showing the lack of bonuses or increased salaries for the public sector with an accompanying sense that it's unfair they aren't getting a share of the prosperity. I'm not even arguing they should. I'm just arguing that the chart presented is hitting down on a group of people that are just trying to do their jobs.