Quote:
Originally Posted by RichieLion
I'm not talking about what your spending. I'm talking about what you're earning and who you're earning it from. You're earning it from an entity that doesn't have to show profit. Your production has nothing to do with money earned. Your boss may have to be concerned with a budget, but it will never result in business failure, bankruptcy or a possible plant closing.
That's what I'm talking about. You don't have to generate business and revenue in selling or servicing a product. You are 100% overhead.
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"You're earning it from an entity that doesn't have to show profit." - the entity, by law, is not allowed to earn a profit.
overhead - yes - but one which is required by law and can only be done away with by law.
a budget failure WILL result in the reduction/elimination of a service or a reduction in force - similar to the private sector actions you cite - as public employees are laid off and out of work and a program/service is no longer provided.
BUT, as in the private sector, when the leader FAILS to properly fund their accounts - like pensions and benefits and matched 401ks - thousands of lives can be ruined.