Saturday, September 02, 2006

The Shekel Illusion

Were we anything resembling a free market society, private producers would earn much more than government-sector consumers. But as documented by Chris Edwards, Director of Tax Policy Studies at the Cato Institute, the typical tax-fattened federal drone makes twice as much as his private sector counterpart:

“The Bureau of Economic Analysis released data this month [August] showing that the average compensation for the 1.8 million federal civilian workers in 2005 was $105,579 – exactly twice the average compensation paid in the US private sector, $53,289.”

One might wonder what these 'poor' folks are gonna
do when The Feces Collides with the Ventilator,
thinking they're gonna be fired.

Not gonna happen. Nobody's got the spine to fire
them while there's a glimmer of a shekel in the

Their check will just stop coming as happened in
the Former Soviet Union when it went broke.

Those of you receiving any government check
might want want to do some advance planning.


That fine blog is going under my links section.

Thanks to Vache Folle.