No wonder it’s so hard to convince people to shink government
Posted on February 6th, 2008 by bile Categories and Tags: Uncategorized, Bureau of Labor Statistics, economics, monopoly, politics, socialism, Unfortunely government, USA, USA TODAY, welfare, your moneyIt pays so well.
State and local government workers are enjoying major gains in compensation, pushing the value of their average wages and benefits far ahead of private workers, a USA TODAY analysis of federal data shows.
The gap is widening every year, rising by an average $1.02 an hour last year and $2.45 an hour over the past three years. The better pay and benefits for public employees come as private-sector workers face stagnant wages and rising unemployment.
State and local government workers now earn an average of $39.50 per hour in total compensation, reports the Bureau of Labor Statistics (BLS). Private workers earn an average of $26.09 an hour.
How do you compete with that? They can practically pay whatever they want because tax payers are forced to handle the bill and most competition is removed through statute. The makeshift jobs many of these government employees have simply wouldn’t exist in a free market so their salaries are inflated because they exist period. Unfortunely government employee salaries are hardly a major component of the budget otherwise we would hit a breaking point where those in the private sector could no longer afford to subsidize the rest of the population.
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