Skip to comments.The Ramifications of Higher-Paying Government Jobs (The lack-luster economy has been good for DC)
Posted on 10/11/2011 8:50:40 AM PDT by SeekAndFind
This lackluster economy of the past few years hasn't been bad for everyone. Sure, millions of Americans have lost their jobs in manufacturing facilities, technology companies, and throughout a plethora of large corporations and small businesses. Yes, states such as Nevada and Florida have experienced atrocious declines in their housing markets, and many states have seen the incomes of their residents actually fall over the past few years.
But not in Washington, D.C., as these are merry days under President Barack Obama. After all, according to Census data collected by CNN Money, it is none other than Washington, D.C. that has seen its median household income rise by 12.1% from 2007 through 2010. Of course, it should come as no surprise that during a time of unprecedented and reckless government spending, the best chance that a family has for its income to rise is to live in the nation's capital.
The total number on the federal government payroll has certainly increased under Obama -- about 144,000 from January 2009 through January 2011. But the bigger issue is that these employees, whether they work outside or within Washington, D.C., tend to benefit from higher salaries than their counterparts and salaries that increase proportionately more than comparable private-sector positions. In addition, with pay freezes or limited salary increases across many companies, the wage gap between the haves and have-nots -- that is, between the federal employee and the private-sector employee -- has widened over the past few years. This is alarming trend, and it could be detrimental to the United States in the coming years.
In fact, according to research conducted by The Heritage Foundation, the actual wage gap is 8% in favor of the federal government employee versus the comparable private-sector employees at the onset of his or her new position,
(Excerpt) Read more at americanthinker.com ...
I looked at the unemployment by state this morning and saw the ne isn’t doing to bad while the rest are atrocious. Florida and California. Are both over 11%
The democrats are toasted.
Depends on the field. A secretary, OK, I can believe that.
An engineer? You can make alot more in the private sector as an engineer than you can in the government.