flyupsidedown
|
Why Do Federal Workers Make Twice As Much As Private-Sector?Why Do Federal Workers Make Twice As Much As Private-Sector Workers?
Henry Blodget|Oct. 10, 2009, 8:13 AM | 8,827 |87
PrintTags: Economy, Debt, Federal Reserve, U.S. Government
An interesting detail from John Mauldin's latest economic note:
The average federal worker makes $75,419 a year, while the average in the private sector is $39,751.
Why is that, exactly? Is it because Federal workers are 80% better than private-sector workers?
And remind us again why, in the interest of cutting the deficit, the government shouldn't just slash 20% of its budget across the board?
|
|
|
|