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by malchow
1714 days ago
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Great point. You can see CA public employee salaries here. [1] The numbers are shocking, not only because they are all overpaid (the effect of public employee unions owning California's Democrat government, a downward-spiral effect predicted by people as varied as right-wing economists and Franklin D. Roosevelt [2]), but because in many cases these people get $500K - $700K per year for life in retirement. A private sector person would need a $10-$20 million post-tax trust fund in order to have that. [1] https://transparentcalifornia.com [2] https://www.nytimes.com/roomfordebate/2011/02/18/the-first-b... |
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