Not at all. As I mentioned earlier, it's not like the state worker only had their wages to live off of.
They can invest in the market via the 403b. In your case, you got 6% coming off the top that you had NO choice on right?
And the state worker is also able to get a salary in part due to the private sector worker paying taxes. State worker is as well but the private guy has to fund his or her own 401k.
BTW- NO job is a mortal lock anymore. We can say stability all day long but if nobody saw the tsunami coming at the state level was not paying attention.
It's tough and nasty but there are lot's of bullets to bite right now.
I don't understand "Only have their wages to live off of" Who told you I was dealing crack on the side?
When I have to bite the bullet b/c the fugtards above me can't balance a fuging checkbook I expect the same bonuses the "private" sector gets when we have a green margin instead of red.