What are you going to believe, what Obama says...?
“The private sector is doing fine” (6/11/12 bloomberg.com) or the facts? -7/8/11 U. S. News Report (usnews.com): The actual number of private sector jobs decreased since 2008. Government jobs increased. During the worst of the downturn, the private sector was hammered with massive job losses, while the public sector held fairly steady. -6/8/12 Investors Business Daily: “Private-sector jobs are still down by 4.6 million, or 4%, from January 2008, when overall employment peaked Meanwhile government jobs are down just 407,000, or 1.8%. Federal employment actually is 225,000 jobs above its January 2008 level, an 11.4% increase.” Or maybe Obama meant to say, “My government union workers – the ones who give me all that campaign cash -- are doing fine”? -8/13/10 USA Today: At a time when workers' pay and benefits have stagnated, federal employees' average compensation has grown to more than double what private sector workers earn, a USA TODAY analysis finds. Federal workers have been awarded bigger average pay and benefit increases than private employees for nine years in a row. The compensation gap between federal and private workers has doubled in the past decade. Federal civil servants earned average pay and benefits of $123,049 in 2009 while private workers made $61,051 in total compensation, according to the Bureau of Economic Analysis. The data are the latest available. -2/22/12 CNN, Buffalo, NY: The sweet deal that all the 3,400 teachers in Buffalo are eligible to get under one of their insurance plan options, they are billed nothing for any plastic surgery procedure, such as botox, liposuction, tummy tucks, [hair removal, breast enhancement, rhinoplasty] and there is no deductible; Linda Tokarz teaches second grade and says she gets regular treatments. She says, "I think its great for us. I wouldn't want to see it taken away” -6/11/12 Cato Institute (http://www.cato-at-liberty.org/obama-vs-… “Take a look at the data — as you can see from this graphic, public school enrollment has minimally increased over the last few decades, but teacher employment has exploded — the public school workforce has grown 11 times faster than student enrollment over the last 40 years.” “Furthermore, on a per pupil basis, the inflation-adjusted average cost of a K-12 education has gone from about $55,000 to about $150,000.” -6/14/12 townhall.com: Every pay period, the Philadelphia school district puts $155 per union member into a special fund that helps educators pay their personal legal bills, which includes everything from routine legal advice to estate planning. 8/15/12 USA Today/Gannet: -More than 21,000 retired federal workers receive lifetime government pensions of $100,000 or more per year -Government pensions are vastly more generous than those in the private sector," says economist Veronique de Rugy of the market-oriented Mercatus Center -The average federal pension pays $32,824 annually. The average state and local government pension pays $24,373, Census data show. The average military pension is $22,492. ExxonMobilExxon Corporation, which has one of the best remaining private pensions, pays an average of $18,250 per retiree -All federal retirees receive health benefits. -Pension payments cost $70 billion last year, plus $13 billion for retiree health care. Taxpayers face a $2 trillion unfunded liability — the amount needed to cover future benefits — for these programs, according to the government's audited financial statement.
Asked By: holeymoley - 8/17/2012
Best Answer - Chosen by Asker
I don't believe anything out of his mouth he is a phony !
Answered By: rusty - 8/17/2012
Additional Answers (3)
Is this material copyrighted? Don't I have to buy the book before I read it?
Answered By: OqpqOpqpO - 8/17/2012
I believe this... More
Answered By: jeff - 8/17/2012
A. you realize that the private sector can actually increase profits with layoffs, right... More
Answered By: Dawn of the Zombie g - 8/17/2012
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