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Keyword: governmentsalaries

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  • New Evidence Confirms Federal Bureaucrats Don’t Work Very Hard, Paid Too Much

    12/14/2012 7:36:40 AM PST · by Kaslin · 16 replies ^ | December 14, 2012 | Daniel J. Mitchell
    My Cato Institute colleague, Chris Edwards, put together a remarkable (and depressing) chart showing that federal bureaucrats get almost twice the level of compensation as workers in the productive sector of the economy. Defenders of the bureaucracy (including a federal pay panel dominated by bureaucrats) claim that government employees actually are underpaid because…well…just because.My modest contribution to the debate was to put together a chart based on the Labor Department’s JOLTS data, which shows that bureaucrats are far less likely to voluntarily leave their jobs than folks in the private sector, which is very strong evidence that they are being...
  • Report: Managers at Fannie, Freddie earned $200K

    12/10/2012 10:52:07 AM PST · by massmike · 7 replies ^ | 12/10/2012 | Associated Press
    A government report finds median pay for nearly 2,000 senior managers at government-controlled Fannie Mae and Freddie Mac exceeded $200,000 last year. The Federal Housing Finance Agency, which oversees the two mortgage giants, also did an inadequate job monitoring pay, according to the report released Monday from the inspector general for the FHFA. The median figure means that half the managers received salaries above $200,000 and half received less. Compensation for senior managers at the companies cost about $455 million in 2011, according to the report. Taxpayers so far have paid roughly $170 billion to rescue Fannie and Freddie, which...
  • Lies, Lies, And Darned Lies - Ohio Unions Really Shoveling It Out

    11/04/2011 8:15:16 AM PDT · by joeclarke · 19 replies
    JoeClarke.Net ^ | 04/11/2011 | JoeClarke.Net
    Now that Ohio's Akron Beacon Journal has revealed that the anti Issue 2 union people are campaigning with nearly four more times the amount of money of the pro Issue 2 folks, I have a few questions to ask, including where does that anti Issue 2 money come from? Taxpayers, I believe. So, we are paying the Pro 2 campaigners to increase our taxes. I would also like to know, what are their honest objections to the issue? Ohio's public employees, like every state's public employees, are sitting on a nearly a 100 billion dollar war chest (donated by tax...
  • The Free World Blog - Denver City Council Raises Salaries 6.6 Percent

    03/15/2011 8:25:14 PM PDT · by Mgm3com · 6 replies
    The Free World Blog ^ | 03/15/2011 | Mike Mazzeo
    Denver City Council Raises Salaries 6.6 Percent $100 million dollar budget deficit and a bad economy and they still have to spend more on themselves. American families are struggling to make ends meets, they have their spending.
  • $100,000 question hard to answer

    04/21/2003 7:06:31 AM PDT · by blau993 · 5 replies · 243+ views
    The Washington Times ^ | 4/21/03 | Brian DeBose
    <p>The District has many more city workers earning $100,000 salaries than the much-larger city of Chicago, and 10 times more than Baltimore, a city with a comparable population, The Washington Times has learned.</p> <p>With its 572,000 residents, the District has 156 more city workers above $100,000 than Chicago, which has almost 3 million people. Baltimore has a population of 651,000.</p>