Like I’ve suggested before…I’m sure most public workers would be happy to roll back their compensation to 1995 levels. But in order for them to maintain their ~1995 purchasing power, we’d have to see asset prices fall to 1995 levels. That means “the rich” would take some pretty significant losses. Not only that, but we should restore ~1995 tax rates in order to correct all the imbalances as well.
In other words, let’s ALL go back to ~1995 levels.
