[quote=CA renter]Yes, we definitely disagree on this.
While *some* private sector employees (investors?) take risks, public sector employees take even greater risks, especially those in public safety.[/quote]
This has been thoroughly debunked. Even the more purportedly dangerous jobs like police and firefighters have on-the-job mortality rates that are pretty far down the scale relative to plenty of other occupations. And, job contentment among this group is also pretty high.
[quote=CA renter]
I do not suscribe to the theory that “financial risks” (a.k.a. gambling) entitle someone to reap greater rewards than someone who provides a good or performs a service that is more beneficial to society.
This is definitely where we disagree.[/quote]
The problem is that defining “financial risks” is very difficult. For example, the proprietary trader is taking different risks from the stock broker who is taking different risks than the real estate agent who is taking different risks than the investor providing capital to a company, etc. Generalizing about the actual “value added” by the various members of the financial services industry is tough, although I’ll agree that in aggregate they (we) are overpaid. But parsing it all out and figuring out who should get what ain’t easy. I’m confident that you’ll live your life quite disappointed with the results.
