Tuesday, January 31, 2012

The Path To Prosperity In Obama's America

Get a job with the federal government, make too much money and make everyone else's life miserable.
Buoyed by generous benefit packages, federal workers earn significantly better compensation than similarly educated workers in the private sector, according to a report released Monday from Congress‘ chief scorekeeper that threatens to reignite at the national level last year’s state battles over public-employee rights.

Overall, federal workers earn 16 percent more in total compensation — including wages and benefits — than comparable private-sector employees, according to the Congressional Budget Office. Only private-sector workers with the highest levels of education, such as doctors and lawyers, earn more than their public counterparts.

The finding is incendiary at a time when Republicans in Congress are fighting for a freeze on federal worker salaries and the Obama administration is balking, arguing that after two years of freezes, it’s time to ramp up pay.
This isn't trickle down economics. It's trickle on economics.

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