Quote:
Originally Posted by andrewb
That is a nice story but doesn't add up.
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Spending goes in a circle. Yes, the private sector creates the wealth and pays taxes which fund the public sector. But the story doesn't end there. Part of the wealth the private sector creates is recycled money from the pockets of the public sector, which parts of the private sector come to rely on. It's one big circle, and getting rid of the public sector isn't the answer, because many jobs by definition are not wealth creating..
Yes the public sector have been protected from the market place in the past, and are certainly being made to psy the price in terms of reduced jobs. But on the pensions issue the complaint is that promises previously given, on which personal financial decisions have been made, have been broken.
You can't blame them for protesting about that!