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Fifth and best option (never talked about): adjust city service wages and benefits down to equivalent private service costs, thus maintaining all existing levels of service at a lower cost to the taxpayer. Many studies and comparisons show public compensation now far exceeds the private equivalent, and provides excessive compensation for low-skilled jobs. Mostly due to public services monopoly with no competition or need for a profitable enterprise. But all politicians and labor leaders avoid ever mentioning this alternative, and prefer to promote the false choice of solely tax increases or service cuts.