Economic Recession Looms while the Civil Service Booms
February 7, 2010 · By Greg Farries
No big surpise here, when government’s go on uncontrolled spending sprees, the only one who benefits are those who work for and in government:
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.
What are the odds the same result isn’t occurring in Canada?
Clever title!
Most people can’t see this quasi-Pyramid scam where it runs out of money one day as it becomes Inverted from each Taxpayer carying the load of several Public Unionized workers either retired on a Golden Pension….or enjoying a rich salary and generous Benifits they can extend to some relatives for Dental and Drug Plans.
Ontario has the same issue and so does Toronto because we know for a Fact that the Miller Budget is $500 mill in the hole each year now , plus the $9.0 Billion has about 83% of the money going to Employee Benefits and salaries which leave about .15 Cents on every Revenue dollars actually going back to the Taxpayers.
Don’t fall for the CAW spin either, they claim that a car has only about 10% in Labour costs which is down from 30 years ago and the Members only want a Fair-Wage to work for the CAW jobs.
The numbers can be fudged to produce what you want the Public to perceive, and I don’t believe for one moment the CAW is telling me that a Car has a 90% Profit-margin for those Big/Evil auto Corporations.
What they mean is that the Assembly procees is the final 10% of the finished Car , and I’ve seen News Video where someone actually has a secure job to toss the floor mats in the truck or put a MSRP Sheet on the Window for shipping to a Retail dealer.
I’ve tried to produce somne of my Invention right hear in canada, but the Layers upon Layers of Paper work for each Government has forced me to seek backing in the USA and look for vacant Plants to re-tool and build them there while employing Locals.
I managed to Invent a few new ways to build and ship products which cuts some costs by 30% right off the top, the Off-shore labour is cheaper only because nobody looked at the Pre/Post manufacturing stages and the out dated methods .
2 years ago I saw Toronto and Ontario heading towards a Money-Pit for endless hand-outs where higher Taxes would be the only way to pay for it after they win Elections, I have a 10 year plan and don’t want to close shop after 5 years and put people out of work.
I’d loves to say that Politicians spend money like Drunken Sailors…..but it’s insulting to Sailors because they spend THEIR own money and not OURS as we see in canada.
I’d be very interested to see Canadian statistics on where the Keynesian stimulus money landed and whom it benefited.
Give me small government.
“I’d be very interested to see Canadian statistics on where the Keynesian stimulus money landed and whom it benefited.
Give me small government.”
You’re meant to ask for evidence, look at the evidence, and only then reach the conclusion that is presented by the evidence. The second step’s often the most important.
I’m always skeptical of these types of ‘statistics’. The number of people surpassing some artificial level is usually going to increase as inflation pushes up all wages, and also as more people are hired. A rising tide raises all ships, as they say.
The relative change in the median and 90th percentile numbers would give a much more significant result.
I’m not denying the conclusion; actually, I think it’s entirely plausible. I just don’t see this as any meaningful kind of proof.