Sunday, March 28, 2010

Income Gap

The Government Pay Boom -

Now here is an income gap that isn't likely to get a lot of media coverage. For every $1 earned in an equivalent private sector job, a government worker gets $1.45. Sweet ... if you are not receiving vs the paying end, and heck, there are more government workers and less private workers all the time, so what the heck?

What if government workers earned the average of what private workers earn? States and localities would save $339 billion a year from their more than $2.1 trillion budgets. These savings are larger than the combined estimated deficits for 2010 and 2011 of every state in America.

Oh, deficits. Spoil sport. This seems like a story worth VERY little coverage in the MSM. Let's see if they surprise me.

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