Here we go again with another report on federal government employee pay outpacing pay in the private sector. A recent analysis from USA Today notes the following bit of information:
The number of federal workers earning $150,000 or more a year has soared tenfold in the past five years and doubled since President Obama took office.
For example, the report notes that the number of federal employees making $150,000 in 2005 was 7,420; in 2010, it is 82,034. This is in light of previous news that the average federal employee was making double the compensation of the average private sector employee.
All of this occurs at a time of economic stagnation where the unemployment rate remains near 10 percent and the federal debt is near $14 trillion. Never forget the fact that taxpayers, the same taxpayers who are making less on average, are the ones paying for all of this.
The term ‘public service’ has often been used in the past to imply that government employees are making a sacrifice to serve the public. Perhaps, in light of these trends, the term should be scrapped.