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| I saw statistics the other day about the wages of public versus private sector jobs, which were overlayed with a percentage of those workers with and without college degrees. The public sector had a higher advanced degree rate, which would support their higher salaries. It was actually proportionally accurate. |
That is not what I have seen, and you have to factor in benefits packages as wages and salaries are almost always less than 2/3rds of total costs.
Ultimately, to bring budgets and deficit spending under control under a prolonged recession, you can't simply raise taxes as that would harm the private sector paying the bills and ultimately reduce revenue. What has been done elsewhere and in the past is to reduce government spending via cuts in the public sector that don't directly impact private growth/recovery and this would entail a combination of taking on the unions to bring total wages and benefits packages on par with the rest of the country, and reduce rather than increase jobs which in the last recession was a bit under a million moved out of public to private.
Now it is true that the government can't directly create private sector jobs like it can the public sector, but for one easing the financial burden on the majority of the non-unionized country increases spending money to purchase more goods and services, provided there is some level of consumer confidence and private sector stability. The government can influence private sector job creation and retention through appropriate investments in growth industries in a myriad of ways, typically from tax and consumer spending incentives and other impetus to growth. Examples would be the cash for clunkers, energy star, housing, and electric/hybrid programs we've already seen, to public projects that are fulfilled by private sector contractors, to venture capitalism investment and new business startups, remove or reduce payroll taxes and other incentives for hiring, and so on. The main complaint from the right was that of the trillions devoted to stimulus spending, there was next to no emphasis on growing the private sector, when that is the heart of this nation's economy.
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| What's happening in Wisconsin is disturbing because Walker was bought out by the corporations (Koch was his 2nd largest campaign contributor), and he's using deceipt to get his way. |
So thats one politician, and how much do you imagine was donated exactly? None of the liberal news organizations that bring this up post a number, but only that it must be lower than his highest contributor which amounted to $43K.
As was linked to before, just a single union's campaign contributions to the democratic party were $87.5 million from union dues (which in the public sector simply represent more tax payer dollars).
Since 1990, total union contributions have amounted to $614 million to the Democratic party. And this is what has so many peeved as it clearly explains why the vast majority of stimulus money was being funneled to cover public sector deficits caused by a lack of appropriate downsizing in wages, benefits, and jobs to correspond with the reduced revenue generated by the private sector, with the slap in the face of focusing job creation on the public federal level.