shintao
Take Down ~ Tap Out
- Aug 27, 2010
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The private sector workers need to take a 20% cut in pay and benefits to help corporations to stimulate the economy and be able to hire more workers to boost the GDP, and lower unemployment costs and associated taxes. It is no secret we are falling behind, and everybody ought to be able to give a little to help America. The only other way to do this is raise taxes and give corporations subsidies to hire workers, which will cost more to manage through the government.
A recent study by the Economic Policy Institute (pdf) concluded that private workers are making more than public workers. According to the executive summary of the study, "Comparisons controlling for education, experience, organizational size, gender, race, ethnicity, citizenship, and disability reveal that public employees of state and local governments earn less than comparable private sector employees. On an annual basis, full-time state and local employee government employees in Michigan are undercompensated by approximately 5.3% compared with similar private sector workers."
Meanwhile, the group Citizens for Accountability in Reform notes on its site that the study is the fourth in the last three years to challenge the perception that public workers are somehow over-compensated.
http://accountabilityinreform.files.wordpress.com/2011/02/epicompstudyfinal.pdf
A recent study by the Economic Policy Institute (pdf) concluded that private workers are making more than public workers. According to the executive summary of the study, "Comparisons controlling for education, experience, organizational size, gender, race, ethnicity, citizenship, and disability reveal that public employees of state and local governments earn less than comparable private sector employees. On an annual basis, full-time state and local employee government employees in Michigan are undercompensated by approximately 5.3% compared with similar private sector workers."
Meanwhile, the group Citizens for Accountability in Reform notes on its site that the study is the fourth in the last three years to challenge the perception that public workers are somehow over-compensated.
http://accountabilityinreform.files.wordpress.com/2011/02/epicompstudyfinal.pdf