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Government Work Really Pays Big

August 13, 2008 RSS Feed Print

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This stunner from the Cato-at-Liberty is yet another reason why free-market folks called the Bush years the Lost Decade:

Federal compensation rose quickly during the 1990s, but even faster during the 2000s. I call this the "Bush Bounce" because it appears that the Bush administration has caved into federal union demands for expanded pay year after year. Between 2000 and 2007, average federal compensation increased at an annual average rate of 6.3 percent, which compares to the private sector increase of 3.5 percent. During the 1990s, average federal worker compensation increased at an average rate of 5.1 percent.

Tags:: salaries,; income

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McCain the big Liar (your words, not mine) has been proved right, the Obama government is spending money as fast as the presses can print it. We are breaking all records for spending.
As for 'who' it is being spent on, it is being given to the richest bankers and jet set businessmen in the country according to the newspapers. Are you still under the impression that he is going to give it to the poor? Hasn't happened yet has it?
The fewer jobs prediction sure seems to be holding true also.
Name a country that went Socialist and didn't fail miserably?

Jerry Router of SC 9:19AM January 28, 2009

It's not just direct federal employees. The gravy is pouring even more heavily over those who own and manage companies that "contract" with the federal government. Why else are there as many contractors in Iraq as soldiers? You could count hundreds of CEOs making far more than the President of the United States and making every dime of it from federal spending.
And yet, McCain, the liar, is on TV ads in my state saying Obama wants "more government spending, SO, FEWER JOBS!" to scare people. Bush has proven that government spending is here to stay. The question is Spent on What? Where? For Whom? As of now, your infrasturcture dollars are going to Iraq.
Obama 08

of 11:08AM August 14, 2008

Government Work Really Pays Big

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