It's bad enough that Washington DC is riding out the recession quite well and sucking up a high proportion of stimulus dollars, but do federal workers have to continue giving themselves massive pay raises? At least they know what their priorities are. A CATO analyst found that federal wages have risen at a significantly higher percentage than civilian wages over the last 8 years, and IBD has more:
Chris Edwards, director of tax policy studies at the Cato Institute, touched quite a nerve earlier this week when he relayed the latest wage data, categorized by industry, from the Commerce Department's Bureau of Economic Analysis. "The new data show that average federal compensation is now more than double the average in the private sector," Edwards noted.Not that I have anything against public servants...hell, I was one for close to 7 years. But, I question how much taxpayers dollars have to be spent towards the salaries and benefits packages of people who figure out what color beer cans Americans should be allowed to drink.
He added: "In 2008, the average wage for 1.9 million federal civilian workers was $79,197, which compared to an average $49,935 for the nation's 108 million private sector workers. The federal advantage is even more pronounced when worker benefits are included. In 2008, federal worker compensation averaged a remarkable $119,982, which was more than double the private sector average of $59,909."