Oh, except that it’s completely and utterly different. You’re comparing apples and chainsaws.
In the private sector, idiotic financial shakedowns will eventually cause the corporation in question to go out of business. If Fox News wants to pay Ailes $40 Million, then they’re technically accountable to shareholders and the profits from paying customers. California taxpayers don’t have a choice of not paying out the cushy salary of “selfless” public servants like Ms. Katehi.
In the public sector, these people are allowed endless screwups, termination appeals and golden retirements that would be ludicrous in the private sector. Plus there’s far, far more public employees drawing pensions and gaming the system. California alone has 20,000+ people pulling in 6-figure pension benefits last year alone. Not to mention that the state California pension fund is chronically, ridiculously underfunded - and regularly jacks up taxpayer-funded contribution rates to cover shortfalls in the billions. With a ‘B’.
