Here's a stunning finding: Federal employees on average earned 78 percent more in total compensation than comparable private sector workers in 2014.
That's according to a Cato Institute study, as reported by the Las Vegas Review Journal:
Cato's Chris Edwards cited data from the Bureau of Economic Analysis to show that the average federal worker receives roughly $119,000 in salary and benefits each year, compared with $67,000 for the average private-sector employee performing the same job. When benefits are left out of the equation, federal employees collect paychecks that are 50 percent bigger than their private-sector counterparts.
As for the disparity between workers in the two sectors, the study found:
Add in the overly generous government retirement benefits that are no longer available in the private sector and the fact that it is virtually impossible to get fired from a federal job, and the disparity is even bigger.
Is this something that Democrats are talking about when they say that the middle class is getting the shaft? Apparently the wage gap doesn't apply to the friends that the Democrats have loaded into their ever-expanding bureaucracy.
Visit my new freelance writer website at http://www.dennisbyrne.net
Want to be notified by email when I post? Type your email address in the box and click the "create subscription" button. My list is completely spam free, and you can opt out at any time.