While our economy has been sputtering these past two years, with many businesses struggling just to stay afloat, Washington has been gorging itself by dramatically increasing the number of government jobs – 141,000 since President Barack Obama took office – and offering salaries that continue to outpace those in the private sector.
A report by USA Today found that the number of government workers earning more than $150,000 has increased significantly in recent years. In 2005, 12,399 government workers earned more than $150,000 annually; a number that has since ballooned nearly fourteen-fold to 171,689. Workers who have been with the government between 15 and 24 years have seen their salaries rise by 25% over this same time period, far outpacing the economy’s 9% inflation rate.
Including benefits, the average federal government employee now earns $123,000 annually; double that of their counterparts in the private sector. It should come as no surprise that seven of the 10