An interesting detail from John Mauldin’s latest economic note:
The average federal worker makes $75,419 a year, while the average in the private sector is $39,751.
Why is that, exactly? Is it because Federal workers are 80% better than private-sector workers?
And remind us again why, in the interest of cutting the deficit, the government shouldn’t just slash 20% of its budget across the board?
See Also: Our Debt Will Kill Us
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