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

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

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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