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Wednesday, January 27, 2010

Obamasan to cut back on spending.

Tonight we will hear from his lordship, Obamasan. The focal point of this little get together is to focus on cutting back on government spending. I am willing to wager, right here and now, that not one word of reducing federal payrolls will roll off of his glib tongue. The most recent update, September 29, 2009, depicting Federal Pay as opposed to Private Sector pay shows that federal employees, on average, earn approximately $80,000 annually as opposed to $50,000 in the private sector. My last report showed that it was $70,000 vs. $40,000, but that was for a year earlier. The following was excerpted from USA Today's 12/10/2009 issue:

"The number of federal workers earning six-figure salaries has exploded during the recession, according to a USA TODAY analysis of federal salary data.Federal employees making salaries of $100,000 or more jumped from 14% to 19% of civil servants during the recession's first 18 months — and that's before overtime pay and bonuses are counted. Federal workers are enjoying an extraordinary boom time — in pay and hiring — during a recession that has cost 7.3 million jobs in the private sector."

http://www.usatoday.com/news/washington/2009-12-10-federal-pay-salaries_N.htm

Another interesting statistic is: The federal government employs over 2,700,000 workers and hires hundreds of thousands each year to replace civil service workers that transfer to other federal government jobs, retire, or leave for other reasons. Average annual salary for full-time federal government jobs now exceeds $79,197. The U.S. Government is the largest employer in the United States, hiring about 2.0 percent of the nation's work force and the workforce is expanding significantly under the Obama administration. Federal government jobs can be found in every state and large metropolitan area, including overseas in over 200 countries. The average annual federal workers compensation in 2008, including pay plus benefits, was $119,982 compared to just $59,909 for the private sector according to the United States Bureau of Economic Analysis.

http://federaljobs.net/

Maybe it is time to start by cutting the Federal payroll back.
And now for the "Creme de la creme." I see that Federal employees owe $3 billion in taxes for 2008. And that is just for starters. Follow the attached and see for yourself:

http://voices.washingtonpost.com/federal-eye/2009/12/federal_employees_owe_3_billio.html

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