Archive for December 5th, 2012

Shocker: Gov’t employees “underworked”

December 5, 2012

Punch line: If public-sector employees just worked as many hours as their private counterparts, governments at all levels could save more than $100 billion in annual labor costs.

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According to a report in the WSJ

New evidence from a comprehensive and objective data set confirms that the “underworked” government employee is more than a stereotype.

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Based on the American Time Use Survey, which the Bureau of Labor Statistics administers to a large and representative sample of American households each year:

  • During a typical workweek, private-sector employees work about 41.4 hours.
  • Federal workers, by contrast, put in 38.7 hours
  • State and local government employees work 38.1 hours.

In a calendar year, private-sector employees work the equivalent of 3.8 more 40-hour workweeks than federal employees and 4.7 more weeks than state and local government workers.

Put another way, private employees spend around an extra month working each year compared with public employees.

If the public sector worked that additional month, governments could theoretically save around $130 billion in annual labor costs without reducing services.

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Another reason that I hate to pay taxes …

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TAX WARNING to DINKs: The marriage penalty is coming back …

December 5, 2012

One of the provisions of the Bush tax plan was to eliminate the so-called marriage penalty … the tax rules and rates that had a husband & wife pay more income taxes if they were married than if they stayed single.

I’ve been bemused that in all of the chatter about Obama’s obsession with jacking rates, I haven’t heard anything about the resurrection of the marriage penalty … at least for evil rich millionaire & billionaires who make more than $250,000..

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Here’s the rub: Obama’s tax hikes apply to individuals earning more than $200,000 and families earning more than $250,000.

Let’s do a simple example:

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Who told the Donald that he’s fired?

December 5, 2012

Answer: Nobody yet, but some Macy’s customers think that it would be a good idea

Facing a petition from consumers to ‘dump’ Donald Trump as a spokesperson, Macy’s claims that marketing and politics have nothing to do with each other, despite using some of Trump’s famous political comments as inspiration in the company’s new campaign.

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Excerpted from Adage’s, ‘”Macy’s Unmoved by Dump Trump Petition”

As a petition encouraging Macy’s to “Dump Donald Trump” continues to gain steam, with nearly 558,000 signatures, the retailer shows no sign of dropping the outspoken tycoon.

Here’s Macy’s thinking: 

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