Wednesday, December 01, 2010

Federal workforce grows fatter and richer

The Atlanta Journal Constitution reports:
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.
Special people!