The Motley Fool Discussion Boards
Retirement Discussions / Retire Early Liberal Edition
|Subject: Re: Oopss....error...error||Date: 10/27/2009 8:21 PM|
|Author: telegraph||Number: 21448 of 73683|
vol: "Having worked for the feds and private industry, I can confirm that this is pure unadulterated perambulating horse pucky"
Let's get some 'facts'....
"he Bureau of Economic Analysis has released its annual data on compensation levels by industry (Tables 6.2D, 6.3D, and 6.6D here). The data show that the pay advantage enjoyed by federal civilian workers over private-sector workers continues to expand.
The George W. Bush years were very lucrative for federal workers. In 2000, the average compensation (wages and benefits) of federal workers was 66 percent higher than the average compensation in the U.S. private sector. The new data show that average federal compensation is now more than double the average in the private sector."
OK...I admit..I was wrong...it's not 75% more....it's DOUBLE.