"Federal Pay Continues Rapid Ascent
Posted by Chris Edwards
The Bureau of Economic Analysis has released its annual data on compensation levels by industry (Tables 6.2D, 6.3D, and 6.6D here). The data show that the pay advantage enjoyed by federal civilian workers over private-sector workers continues to expand.
The George W. Bush years were very lucrative for federal workers. In 2000, the average compensation (wages and benefits) of federal workers was 66 percent higher than the average compensation in the U.S. private sector. The new data show that average federal compensation is now more than double the average in the private sector."
The article includes several charts which dramatically highlight the difference between federal and private-sector pay, especially when 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."
No wonder most Americans think our government is out-of-control and has no real understanding of economic realities. As Edwards notes, with pay like this, federal workers are "insulated from the economic reality of recessions and from the tough competitive climate of the private sector." Plus they have job security that most in the private sector would never dream is even possible.
With all the talk from politicians (of both parties) in Washington, does anyone find it strange that bemoaning the debt of the nation and talking about 'fiscal responsibility' never extends to doing what many state and local governments are doing - freezing wages, laying off workers and *gasp* actually cutting spending?