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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: mishedlo who wrote (83566)8/21/2008 10:04:21 AM
From: Crimson Ghost  Read Replies (3) of 116555
 
Why the focus on "overpaid" state and municipal workers?

Granted some of them are paid too much but this is like a blip on the radar screen compared to the truly gross overcompensation paid many in the financial industry.

Municipal workers generally are just trying to maintain a modest middle class lifestyle. In contrast, the financial elite has all but wrecked the economy in their quest for huge mansions, private jets, armies of servants, etc.
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