Free Markets, Free People

federal government salaries

America’s New Salary Elite?

And it was once considered “service” – now, the federal government, using your tax dollars, is increasing top salaries to government workers:

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.

Bonuses? For what – trillion dollar deficits? Broken procurement systems? Aren’t those the arguments we heard used to deny Wall Street their bonuses? Well, in terms of waste, fraud and abuse Wall Street can’t touch the fed. But we’re paying bonuses and 6 figure salaries?

The highest-paid federal employees are doing best of all on salary increases. Defense Department civilian employees earning $150,000 or more increased from 1,868 in December 2007 to 10,100 in June 2009, the most recent figure available.

When the recession started, the Transportation Department had only one person earning a salary of $170,000 or more. Eighteen months later, 1,690 employees had salaries above $170,000.

The trend to six-figure salaries is occurring throughout the federal government, in agencies big and small, high-tech and low-tech. The primary cause: substantial pay raises and new salary rules.

The problem? The law of unintended consequences coupled with stupid pay rules and the left hand not knowing what the right hand was doing all combined to see unseemly pay raises the rule in the midst of 7.3 million job losses – a true, “do as I say not as I do” moment. That’s right – it’s up the the rest of you to “sacrifice” – not the fed.
~McQ

[ad] Empty ad slot (#1)!