In the private sector, one consents to work for a company for a known wage, which may in turn rise or fall over time. That wage is not set by an outside party, but by the company, with or without employee input as the case may be.
In the current goobermint-floated scheme, an outside party -- anmely, the goobermint -- proposes to set wages or cap them under some (soon to be all) circumstances.
And you compare these two? Sheesh.
Uhhh where’s the private sector in your arguement? The banks and AIG are al practically owned by the government at this point?