It should warm the cockles of all Americans that at least someone is making out like a bandit in this recession.
Unfortunately, these guys are a large part of the problem:
The number of federal workers earning $150,000 or more a year has soared tenfold in the past five years and doubled since President Obama took office, a USA TODAY analysis finds.
The fast-growing pay of federal employees has captured the attention of fiscally conservative Republicans who won control of the U.S. House of Representatives in last week's elections. Already, some lawmakers are planning to use the lame-duck session that starts Monday to challenge the president's plan to give a 1.4% across-the-board pay raise to 2.1 million federal workers.
Rep. Jason Chaffetz, R-Utah, who will head the panel overseeing federal pay, says he wants a pay freeze and prefers a 10% pay cut. "It's stunning when you see what's happened to federal compensation," he says. "Every metric shows we're heading in the wrong direction."
National Treasury Employees Union President Colleen Kelley counters that the proposed raise "is a modest amount and should be implemented" to help make salaries more comparable with those in the private sector.
The hell she says:
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.
You think that union president would know something about compensating bureaucrats. The fact that she doesn't illustrates why that 10% across the board cut is more than warranted.