Tuesday, December 15, 2009

USAToday: Federal Employees Raking Big Bucks During Recession

Now more than ever, it pays to work for the government:

The number of federal workers earning six-figure salaries has exploded during the recession, according to a USA TODAY analysis of federal salary data.
Federal employees making salaries of $100,000 or more jumped from 14% to 19% of civil servants during the recession's first 18 months -- and that's before overtime pay and bonuses are counted.
The trend to six-figure salaries is occurring throughout the federal government, in agencies big and small, high-tech and low-tech. The primary cause: substantial pay raises and new salary rules.

While some 7.3 million jobs have been lost in the private sector during this recession, the massive expansion of government we have seen in the last two years is certainly making some folks cozy for Christmas. One of the largest contributers to Federal Spending is the number of government employees and their bloated salaries. And just what do these people do? Is it worth it? Is that sustainable in the long run: I don't think so. So now tell me how that Obama thing is working out for your?


Post a Comment

<< Home