This report from CNN’s “Lou Dobbs Tonight” says the “pay gap between pubic and private workers is exploding.”
It cites a study that says the difference in average compensation — that’s wages and benefits — between federal and private workers grew from 68% in 2000 to 102% in 2007.
The average compensation for federal workers reached $110,450 a year vs. $57,615 for the average private worker.
The biggest reason, according to CNN, is that federal workers continued to receive pensions and retiree health care benefits that were being reduced or eliminated by private employers.
There’s no reason to expect the trend will change anytime soon since federal workers just got a 3.9% pay raise at a time most private employers are dealing with wage freezes or pay cuts.
“The American taxpayer is paying for exorbitant benefits and compensation and pay scales that are double their own average salaries,” Dobbs says. “That’s the stuff of revolutions.”
Yeah, but shouldn’t some of that outrage be saved for the private employers who keep cutting the pay and benefits of their workers?
And anytime someone talks about fixing the economy you can bet they want to eliminate good paying jobs and make middle-class families work for less.
Is this really the road back to prosperity?