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by anigbrowl
5788 days ago
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This newspaper story is somewhat misleading. It counts benefits as pay, including unfunded future liabilities, and draws no comparison between the composition of the private and public sector labor force. For example, federal employees are much more likely to have college degree. More on this here: http://faq.bea.gov/cgi-bin/bea.cfg/php/enduser/std_adp.php?p... I do think it's a reasonable issue to examine, and that public-sector hiring, pay and liabilities have expanded too fast. I also think both political parties bear the responsibility for this. |
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