The Motley Fool Discussion Boards
Retirement Discussions / Retire Early Liberal Edition
|Subject: Re: Oopss....error...error||Date: 10/28/2009 4:21 PM|
|Author: cevera1||Number: 21453 of 68367|
The link I provided shows the differences.
I knew you would provide that link as a source and I LINKED it before you in the hope (vain of course) that you might actually examine it.
You might as well compare the workforce of IBM with McDonalds. It's not a valid comparison and many economists have taken issue with this Reagan Institute....urrr Cato institute study.
The composition of the federal workforce is much different than that of the US as a whole. The number of jobs that require degreed individuals for federal government is MUCH higher than that of the US population in general. Just to be an FBI field agent you must have a bachelors degree. When I worked at NSA - every federal employee held a bachelors degree. All had to be approved for a Top Secret Security Clearance. Do fast food workers need that type of education? Just think of the different operations the federal government oversees. The department of Energy. Sandia Labratories..... etc, etc.
You think maybe geography makes a difference? Where are the bulk of federal workers employeed? Yes, that would be in the vicinity of higher priced metropolitan areas. Requires higher salaries than the clerk working in the backwoods of Missouri wouldn't you think?
If you compare job classes on an individual basis - you know, make a fair comparison - then federal employees almost always come out on the short end of the stick. Try it. Google civil engineers and salary split on private and public sectors.
Go read what different experts at the Economist said about the so called Cato study. Go ahead.
|Copyright 1996-2015 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|