AP:
Your initial sentence speaks to more than one dimension in analysis. What are the dimensions you have in mind? Your ultimate paragraph seems to suggest that "it is all about the Benjamins" for these senior folks, which is a single dimension.
I am willing to acknowledge that this may be true for some of them. However, based on my experiences with many senior leaders, a variation of the Speer Defense that I mentioned before seems much more the case. If it were really just about money and power, then I submit that most of these leaders would have left before the magic 10 year mark, when many officers realize they are half way to a chance to get a pretty nice pension. Or, they would not have joined at all because they could have made much more in the private sector. BTW the pension piece , in my day, was still iffy until 18.5 years of service. You could be bounced at 18yrs, 5 months and get nothing after a third passover for promotion.
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