ezekiel's chariot - 張敦楷 (pjammer) wrote,
ezekiel's chariot - 張敦楷
pjammer

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Public Sector v. Private Sector

As taxpayers, we are badgered and harried into guilt of how we are morally obligated to bail out the longsuffering public-sector government employees, especially in this blighted economy.

What do your taxes buy? Compare your salary with the following San Francisco employees (keeping in mind that these folks have lifetime pensions EQUAL to their ending salaries after 20 years of work; an annuity that pays 250k/yr would cost in the open market between US$4.5 Million and $5 MM).

Next time you hear city officials bleating about how impoverished the city is (as a pretext for raising more taxes), take a long hard look at the chart and ask what those new taxes are buying.



Is it too late go get a nursing degree to nurse at the teat of government largess?
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