Powerful forces within the 1% believe governments shouldn’t tell them how to conduct their business affairs. In their addiction to power and money, these individuals want government to fail, or better yet, they want government to work for them. Their quest for power is tearing away at the laws, regulations and institutions that stand in their way. Among their tools are media campaigns to divide and confuse the American public.
One campaigns coming to fruition is the claim that government workers are over paid and undeserving compared to the private sector. They want to disempower public employee unions in the same way the did private worker unions. It was working until
and Wisconsin residence stood up in massive protests. Whether or not the public sector is doing a little better or worse than the private sector is insignificant compared to how well the richest folks are doing compared everyone else. But the claim itself is not to be true. Consider the facts in this new report by the Center for State and Local Government Excellence and the National Institute on Retirement Security. Ohio
Out of Balance?
Employees of state & local government earn an average of 11% and 12% less, respectively, than comparable private sector employees. An analysis spanning two decades shows the pay gap between public and private sector employees has widened in recent years.
These findings are contained in a new report, "Out of Balance? Comparing Public and Private Sector Compensation Over 20 Years"commissioned by the Center for State and Local Government Excellence(Center) and the National Institute on Retirement Security (NIRS). The co-authors are Dr. Keith Bender, Associate Professor, Dept. of Economics, University of Wisconsin-Milwaukee and Dr. John Heywood, Distinguished Professor, Dept. of Economics, University of Wisconsin-Milwaukee.
Download the full report here.
READ CNN MONEY coverage of the study here.
The study provides an original analysis of data from the U.S. Bureau of Labor Statistics and finds that:
Out of Balance also estimates the variation of these trends across some of the largest states – California, Florida, Illinois, Michigan, New York, Pennsylvania, and Texas: