When I was a lad way back in the 60s my father gave me some career planning advice -- “If you want to make money go to work in the private sector, but if you want job security go to work in the public sector. The public sector doesn’t pay as well as the private sector but the benefits are good and you’ll never have to worry about getting laid off.”
My father’s advice made sense. Government employees are ‘public servants’ and servants are not supposed to make more than their employers. But that was then and this is now. The times have changed.
With 2.7 million-plus workers (excluding non-civilian military) the federal government is the largest employer in the U.S. But now it seems that federal employees are also the best paid workers in the U.S. And when benefits are added in, the total compensation for federal employees dwarfs private sector pay --
Federal workers’ pay and benefits were 78 percent higher than private employees, who earned an average of $52,688 less than public sector workers last year.
The study found that federal government workers earned an average of $84,153 in 2014, compared to the private sector’s average of $56,350. Cato based its findings on figures from the U.S. Bureau of Economic Analysis (BEA).
But when adding in benefits pay for federal workers, the difference becomes more dramatic. Federal employees made $119,934 in total compensation last year, while private sector workers earned $67,246, a difference of over $52,000, or 78 percent.
But it turns out that it’s not just federal government workers who are happily succoring at the teats of the private sector. State and local government workers are also sucking Joe and Josephine Taxpayer dry…………..
We need to make one thing perfectly clear to the next president as well as to every member of Congress: we are sick and tired of politics as usual.
The Federal Government bureaucracy needs to be downsized big time, the debt needs to be paid down even while defense spending is increased and our military capabilities are restored to pre-2008 levels. Our tax system also needs to be completely overhauled, Obamacare needs to be repealed, and Ron and Rand Paul may also be right – perhaps it’s time to take a long hard look at the Federal Reserve System.
There’s much more that needs to be done to fix all the problems our country is grappling with today. If the GOP presidential candidate does win the next election and the GOP retains its majorities in the House and Senate, the Dems are going to fight tooth and nail for their secular fantasy utopian vision of what our county should be. We are not going to be able to reclaim our county in just 4 or 8 years. It is going to be a long uphill battle.
Read more: http://www.americanthinker.com/articles/2015/12/when_the_takers_make_more_than_the_makers.html#ixzz3vpGeG28L
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