[quote=jpinpb]Just curious, how many of you would be willing to take a 20% cut in your pay? And how many of you risk your lives in your job?[/quote]

Jpinpb… Most of us already do face that threat or have faced that threat if the company/business we work for isn’t doing well or even if doing well, isn’t performing optimum….

The choices are pretty simple.

1)Put up with the pay cut/layoff
or
2)Find another job that pays better.

Again, this is the problem. When the bubble period was here and public sector was having a tough time to get people, perks went up alone with the rest of the other industry…Now that the economy is contracting, there is no revision down, despite that the economy/government budgets cannot sustain these levels of benefits. Unless folks want to pay more taxes (which would only be a temporary solution anyway), there is way around this…The governments cannot afford to be paying these benefits. I don’t see what the big issue here is.. The entire economy is contracting. There are no sacred cows. Private and public sectors both need to scale appropriately.