Tuesday, February 02, 2010
More People-In-Power to Boss You Around
... and getting paid handsomely for doing so.
You don't need a degree in sociology or economics to figure the basics here, which is not rocket science. The First Law Of Holes is simple: When you find yourself in one, Stop Digging.
CHART OF THE DAY: How The Government Payroll Replaced Goods-Producing Jobs
http://www.businessinsider.com/chart-of-the-day-goods-producing-wrokers-vs-government-payroll-2010-1
Largest-ever federal payroll to hit 2.15 million
The Decline: The Geography of a Recession. From 4.6% to >9%, and counting...
Robbing Peter to pay Paul
Fed purchase of debt like family using Visa to pay MasterCard
Fed purchase of debt like family using Visa to pay MasterCard
Hoodlums In Government. For feds, more get 6-figure salaries. Average Federal Salary at $70,000 ! That is $30,000 over the average private sector salary.
And that is in addition to all the recent massive money-transfers from the Federal Treasury into the pockets of the already super-rich who helped to create this big mess.
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