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Reply to "Why are you against federal worker pay freeze?"
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[quote=Anonymous]I'm not a federal worker, but the "federal employees have it good" line really cracks me up, considering that during the booms in the 90s and earlier this decade, there were tons of people deriding the feds for not being bold and brave private sector risk takers and therefore earning a lot less money. Well, a cornerstone of my field (finance) is that higher returns cannot be achieved without undertaking higher risk, and after the go-go years where everyone thought they had a free lunch (houses appreciating as if by magic to use as an endless piggybank), the private sector is experiencing that downside risk. [/quote]
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