Finley and his merry gang will be huddled over tables for the next month or two, deciding on who gets what from the public trough. I have long said that the higher-ups at City Hall are paid far out of proportion to reality, common sense and the private sector.
(For instance, we have TWO people in the IT “Department” who cost the taxpayer $197,000 per year – and neither one possess the credentials that would be expected (nay, demanded) in the real world. As a result, they end up paying tens of thousands of dollars MORE annually to outside consultants (such as TSM Consulting, Cardnial Tracking, and some dude named Neil Cardwell) to do their job for them).
Well, seems the Census Bureau just proved me right – the following is an article taken from the news:
Which class of full-time, year-round American workers has the highest median earnings? Is it the class that works for private-sector employers? Is it the class that works for the government? Or is it the entrepreneurial class, who are self-employed?
According to the Census Bureau’s Personal Income Table 07 (PINC-07), the competition isn’t close. When it comes to making money in the modern United States of America, government workers win.
Among Americans who actually earn income by working, they are the upper class.
In 2017, according to PINC-07, there were 115,704,000 Americans who worked full-time (at least 35 hours per week) and year-round (at least 50 weeks in the year). The table divides these workers into three general classes: “private wage and salary workers,” “government wage and salary workers” and “self-employed workers.”
Of the full-time year-round workers, 88,296,000 were private-sector employees; 17,617,000 were government employees; and 9,750,000 were self-employed. (Another 42,000 were classified as “unpaid family workers.”)
The overall median earnings for all of these full-time year-round workers in 2017 were $48,500.
Workers in private industry, however, made less than the overall median. Their median earnings were $46,797.
The self-employed did a little better than the national rate. Their median earnings were $50,383.
But government workers did the best. Their median earnings were $53,435.
That was 14.2 percent better than private-sector workers and 6.1 percent better than the self-employed.
The Census Bureau also divided government workers into two categories. Federal government workers comprised one category, numbering 4,178,000 individuals. State and local government workers comprised the other, numbering 13,439,000.
The median earnings of state and local government workers ($51,202) were higher than the median earnings in any of the four categories of private-industry and self-employed workers.