Although many in the private sector continue to struggle their way through economic uncertainty, the federal government appears to be thriving. Since Barack Obama’s inauguration, the federal government has hired an average of 101 workers each and every day, totaling 143,000 additional workers drawing taxpayer money as salaries.
This makes for the largest ever federal payroll in history.
According to a report published by the Cato Institute, not only are the number of federal workers increasing, but their compensation is, too, faster – much faster – than their average counterparts working for organizations in the private sector. ”The federal workforce has become an elite island of secure and high-paid workers, separated from the ocean of average American workers competing in the global economy. It is time for some restraint,” the Cato report said.
But that is not all. Let’s take into account health care packages that are provided to federal workers. The report also stated: “When benefits such as health care and pensions are included, the federal compensation advantage over private workers is even larger, according to the BEA data. In 2010, federal worker compensation averaged $126,141, or double the private-sector average of $62,757.”
Embarrassingly enough, earlier in the year it was revealed that more than 30 of Obama’s own highly paid executive aids had over $833,000 in back taxes, and it is estimated that thousands of federal workers are “behind” in their taxes.
In summary, we have a taxpayer-supported public sector that is growing beyond what the economy can demonstrably allow, compensation that blows the private sector out of the water, and top-level government employees who apparently have a hard time paying their taxes.
How about that “fair share” debate again, eh?