[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help] 

Status: Not Logged In; Sign In

“The government wants to make sure that that does not come out. A huge part of our political system is predicated on blackmail,” You Know What Happens Next Cash Jordan: Half-Built Tower Abandoned… as ICE Deports Entire ‘Migrant Workforce’ Heavy rainfall causes flash flooding Tuesday night, some cars stuck in high water on Chicago's West Biden Doctor PLEADS THE FIFTH, Refuses To Testify To Congress, Biden Pardons ARE VOID Joe Rogan says FBI director Kash Patel played him for a fool and maga for fools with the Jeff Epstein files Elon's AI System "Grok" Went Rogue And Has Been SHUT DOWN in an Emergency! Earthquake Swarms at One of the MOST DANGEROUS Volcanoes in the USA Ben Shapiro Declares Epstein Case CLOSED: ‘Facts on the Ground Have Changed’ Iran receives 40 Chinese J10-C Fighter Jets China’s Railgun Is Now Battle-Ready, Thanks to Nuclear Power Chinese Hypersonic Advancements! Deadly new missile could decimate entire US fleet in 20 minutes Iran Confirms Massive Chinese HQ 9 B Missile Deal Why Is Europe Hitting 114°F And Still Rising? The INCREDIBLE Impacts of Methylene Blue The LARGEST Eruptions since the Merapi Disaster in 2010 at Lewotobi Laki Laki in Indonesia Feds ARREST 11 Leftists For AMBUSH On ICE, 2 Cops Shot, Organized Terror Cell Targeted ICE In Texas What is quantum computing? 12 Important Questions We Should Be Asking About The Cover Up The Truth About Jeffrey Epstein TSA quietly scraps security check that every passenger dreads Iran Receives Emergency Airlift of Chinese Air Defence Systems as Israel Considers New Attacks Russia reportedly used its new, inexpensive Chernika kamikaze drone in the Ukraine Iran's President Says the US Pledged Israel Wouldn't Attack During Previous Nuclear Negotiations Will Japan's Rice Price Shock Lead To Government Collapse And Spark A Global Bond Crisis Beware The 'Omniwar': Catherine Austin Fitts Fears 'Weaponization Of Everything' Roger Stone: AG Pam Bondi Must Answer For 14 Terabytes Claim Of Child Torture Videos! 'Hit Us, Please' - America's Left Issues A 'Broken Arrow' Signal To Europe Cash Jordan Trump Deports ‘Thousands of Migrants’ to Africa… on Purpose Gunman Ambushes Border Patrol Agents In Texas Amid Anti-ICE Rhetoric From Democrats Texas Flood

Editorial
See other Editorial Articles

Title: Why Do Federal Workers Make Twice As Much As Private-Sector Workers?
Source: [None]
URL Source: [None]
Published: Oct 10, 2009
Author: Henry Blodget
Post Date: 2009-10-10 10:18:58 by tom007
Keywords: None
Views: 295
Comments: 17

Why Do Federal Workers Make Twice As Much As Private-Sector Workers? Henry Blodget|Oct. 10, 2009, 8:13 AM | 456 |comment8 Print Tags: Economy, Debt, Federal Reserve, U.S. Government

fatcatAn interesting detail from John Mauldin's latest economic note:

The average federal worker makes $75,419 a year, while the average in the private sector is $39,751.

Why is that, exactly? Is it because Federal workers are 80% better than private-sector workers?

And remind us again why, in the interest of cutting the deficit, the government shouldn't just slash 20% of its budget across the board?

See Also: Our Debt Will Kill Us Embed Post (1 image)

Post Comment   Private Reply   Ignore Thread  

Begin Trace Mode for Comment # 9.

#1. To: tom007 (#0)

The average federal worker makes $75,419 a year, while the average in the private sector is $39,751.

What bullshit..

Why does the local doctor make $250,000 and the plumber makes $60,000????

Stupid author, stupid question.

Cynicom  posted on  2009-10-10   10:23:41 ET  Reply   Untrace   Trace   Private Reply  

Stupid author, stupid question.

Mr. Blodget, with his interests in Silicon valley and Wall Street, is obviously far removed from reality. I personally have observed that those working in federal government do NOT receive recompense any where near the private sector. Years of being underpaid are only rewarded if they stay employed until retirement to receive benefits that private enterprise can't afford and doesn't offer.

Phant2000  posted on  2009-10-10   10:35:36 ET  Reply   Untrace   Trace   Private Reply  

Mr. Blodget, with his interests in Silicon valley and Wall Street, is obviously far removed from reality.

Mr. Blodget also thought pets.com was an excellent "buy and hold" investment and thought the dot-com boom would go on forever.

mirage  posted on  2009-10-10   12:58:56 ET  Reply   Untrace   Trace   Private Reply  

        There are no replies to Comment # 9.

End Trace Mode for Comment # 9.

Top • Page Up • Full Thread • Page Down • Bottom/Latest

[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help]