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SoundBytes 151: Are Government Workers Overpaid? July 23rd, 2008
The Institute for Policy Innovation’s Dr. Merrill Matthews says they are in one California town.

There is a widespread perception that people who work for the government make a sacrifice because they get paid less than the private sector.

Well, not in Vallejo, California.

The city of Vallejo is filing for bankruptcy, and the reason is the city’s salaries:
  • Nearly three-fourths of city employees make more than $100,000 a year.
  • The city manager makes $317,000, and a police captain makes $306,000 in salary and benefits.

According to National Journal, city wages and benefits take up more than 75 percent of the general revenues.  Now the city’s broke.

But it’s indicative of many government programs, including Social Security, which promise more than they can pay.

The politicians take the credit for being generous, while taxpayers are stuck with the bill.

Click on the icon below to listen to this 60 second SoundByte, that has aired or is currently airing on XM Satellite Radio's CNN and Fox News channels.

Vallejo

Posted in  Government  Politics  Tax  || 0 Comments »
Author: SoundBytes || Location: Lewisville, Texas, USA

 

  
 
July 23rd, 2008

SoundBytes 151: Are Government Workers Overpaid?

Posted in  Government  Politics  Tax 
Author: SoundBytes || Location: Lewisville, Texas, USA

The Institute for Policy Innovation’s Dr. Merrill Matthews says they are in one California town.

There is a widespread perception that people who work for the government make a sacrifice because they get paid less than the private sector.

Well, not in Vallejo, California.

The city of Vallejo is filing for bankruptcy, and the reason is the city’s salaries:
According to National Journal, city wages and benefits take up more than 75 percent of the general revenues.  Now the city’s broke.

But it’s indicative of many government programs, including Social Security, which promise more than they can pay.

The politicians take the credit for being generous, while taxpayers are stuck with the bill.

Click on the icon below to listen to this 60 second SoundByte, that has aired or is currently airing on XM Satellite Radio's CNN and Fox News channels.