The Congressional Budget Office (CBO)released a study telling Americans if they want a raise, they should go work for the federal government, because federal workers are compensated much better than those in the private sector. The CBO did an apples to apples comparison of federal and private sector employee salaries and benefits from 2005-2010. The compared workers who were similar in the following characteristics:
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According to the Institute for Truth in Accounting (IFTA), Connecticut has been identified as the top financial “sinkhole” state in the nation. IFTA, a nonpartisan and nonprofit organization that works for greater accounting transparency across all levels of government and business, reports that the Constitution state is at the top of a list of five states which are in the worst financial position. According to the organization’s Financial State of the States report, Connecticut has $29.4 billion worth of assets, but only $10.1 billion are available to pay $63.4 billion of bills as they come due. In addition, each Connecticut taxpayer’s financial burden is $41,200.
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Most Americans still believe government workers work less and make more money than those employed by private companies. Yet while the majority also thinks government workers enjoy more job security, they’re less convinced of that than they were a year ago.
The latest Rasmussen Reports national telephone survey shows that only 11% of Adults think those employed by the government work harder than workers in the private sector. Sixty-six percent (66%) say those employed by private companies work harder. Twenty-three percent (23%) are not sure.
