Wednesday, July 22, 2009

Sobering stats

From Forbes:

In public-sector America things just get better and better. The common presumption is that public servants forgo high wages in exchange for safe jobs and benefits. The reality is they get all three. State and local government workers get paid an average of $25.30 an hour, which is 33% higher than the private sector's $19, according to Bureau of Labor Statistics data. Throw in pensions and other benefits and the gap widens to 42%.

Four in five public-sector workers have lifetime pensions, versus only one in five in the private sector.

Yeah, I'm sure it's fiscally responsible to eliminate 10's of millions of private sector jobs in order to create public sector jobs, Mr. Obama...Good call!

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