Friday, August 27, 2010

I wonder if anyone ever thinks about how fast the federal government is growing.

USA Today did two very interesting articles in the last couple of months. The data in these reports is staggering. While unemployment continues to be at a catastrophic level and small businesses are struggling to keep their head above water, while home sales are at the lowest level in decades, home foreclosures remain at record high levels and tax revenues are dropping, the federal government continues to expand!

Not only is the federal government expanding its average pay, it is outpacing private sector jobs. Does anyone else find this reprehensible! Does anyone else wonder what this administration can be thinking! At a time when the small company I work for is laying off workers for the first time in its 22 year history, at a time when my company is instituting pay cuts and benefit reductions, the federal government is increasing its size and increasing the pay of its employees!

Some of the startling finds of the USA Today report:

• According to a USA TODAY analysis of federal salary data, the number of federal workers earning six-figure salaries has exploded during the recession,

• Federal employees making salaries of $100,000 or more jumped from 14% to 19% of all civil servants during the recession's first 18 months — and that's before overtime pay and bonuses are counted.

• Federal workers are enjoying an extraordinary boom time — in pay and hiring — this during a recession that has cost 7.3 million jobs in the private sector.

• Paychecks from private business shrank to their smallest share of personal income in U.S. history during the first quarter of this year, a USA TODAY analysis of government data finds.

Obviously no one would dispute the individual worker earning as much as their skills will allow but, how does their employer (the Federal government) justify a massive increase in payroll while their income is falling?

1 comment:

  1. Why isn't the Federal Government spreading the wealth? If government jobs pay and offer in benefits so much more than the private sector, capital is being hoarded by one group: Fed employees. When a small group of people in the private sector starts to make "too" much, they are chastized and hated for their success. How can the left stand up and cheer this obvious wealth growth of such a small and concentrated group of workers? Why does the left not spread the wealth? Why do they hate people??!!

    hhhmmmm....when the left controls the money and wealth it is okay, when private tax paying citizens gain wealth they are greedy and evil. As someone once told me...."got it".

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