Saturday, August 21, 2010

Robbery - Federal Employees make TWICE what Private Sector workers make

And they get far better benefits and pensions.  This is unsustainable folks - there is no way this can continue.  In California there are over 10,000 retired State Workers who make over $100,000 in retirement pay.  And to make things worse - what do they really do?  Where is the profit motive or the business incentive here.  Many of them can not even tell you what they do - they may have a title but as far as productive work.  The bottom line is we have created an elite ruling class that is completely oblivious to the economic realities that most Americans face on a daily basis.





At a time when workers' pay and benefits have stagnated, federal employees' average compensation has grown to more than double what private sector workers earn, a USA TODAY analysis finds. Federal workers have been awarded bigger average pay and benefit increases than private employees for nine years in a row. The compensation gap between federal and private workers has doubled in the past decade. Federal civil servants earned average pay and benefits of $123,049 in 2009 while private workers made $61,051 in total compensation, according to the Bureau of Economic Analysis. The data are the latest available. The federal compensation advantage has grown from $30,415 in 2000 to $61,998 last year.
 Read the rest of the story here.

My hero NJ Governor Chris Christie lets Public School Teacher have it:

No comments: