Friday, January 8, 2010

Working for the government

The Cato Institute has studied private sector vs. government jobs and come up with this report:
http://www.cato.org/pubs/tbb/tbb-59.pdf

This is important for a number of reasons:
1) Unemployment is still in double digits.
2) States are going broke.
3) Much of the new job creation is in the public sector.
4) Unions (SEIU, NEA and AFSCME) are tight with the Obama administration and most other politicians and are protecting these rich benefit packages.

Undoing this mess will be very painful and is (sadly) beyond the capabilities of most politicians.