The Homa Files

Answer: the Federal government bureaucracy.

Here are some facts that will make you cringe.

Between December 2007, when the Great Recession began, and last July …

• The private sector lost 7,837,000 jobs (down 6.8 percent).
• Local-government employment dropped 128,000 positions (minus 0.9 percent).
• State governments shed 6,000 positions (less 0.1 percent).
• Federal employment zoomed by 198,100 slots as Uncle Sam’s workforce expanded by 10 percent.

And don’t forget …

In 2009:

• The average private-sector employee earned compensation of $61,051 ($50,462 in wages and $10,589 in benefits).
• State and local-government workers hauled in $69,913 ($53,056 in wages and $16,857 in benefits).
• Federal-civilian employees took away $123,049 ($81,258 in wages and $41,791 in benefits).

But, those Federal employees (that you’re paying — now and when they draw their fat pensions) are here to help.

Source:  NRO, Charts that Will Infuriate Taxpayers, October 21, 2010
http://www.nationalreview.com/articles/250485/three-charts-will-infuriate-taxpayers-deroy-murdock?page=2

This entry was posted on December 3, 2010 at 6:54 am and is filed under Employment - Jobs. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.