Friday, November 19, 2010

Federal Employees And Members Of Congress Are Getting Rich While Those Of Us Who Pay Their Salaries Suffer

12 Facts That Will Blow Your Mind About Congress.

Do you remember the days when getting elected to Congress or choosing to work for the government was referred to as “public service”?  The idea was that you would be making a sacrifice for the greater good of the country.  Well, those days are long gone.  Today, getting elected to Congress or working for the federal government is a good way to get rich.  Most Americans have no idea just how obscenely wealthy many members of Congress are, and most Americans are totally clueless about how cushy some of these U.S. government jobs are.  If there is one place in America where the good times are still rolling (other than Wall Street), it would have to be Washington D.C.

#1 According to an article in the Hill, House Speaker Nancy Pelosi’s net worth soared from $13.7 million in 2008 to $21.7 million in 2009.

#2 In 2005, 7420 federal workers were making $150,000 or more per year.  In 2010, a whopping 82,034 federal workers are making $150,000 or more per year.  That is more than a tenfold increase in just five years.

#3 More than half of the members of the U.S. Congress are millionaires.

#4 The total compensation that the U.S. government workforce is going to take in this year is approximately 447 billion dollars.

#5 Today, all members of Congress earn at least $175,000.  This is far, far more than the average American makes.

#6 60 percent of the federal government workforce is represented by labor unions.

#7 The median wealth of a U.S. Senator in 2009 was 2.38 million dollars.

#8 In 2005, the U.S. Department of Defense had just nine civilians earning $170,000 or more.  When Barack Obama took office, the U.S. Department of Defense had 214 civilians earning $170,000 or more.  In June 2010, the U.S. Department of Defense had 994 civilians earning $170,000 or more.

#9 Insider trading is perfectly legal for members of the U.S. Congress – and they refuse to pass a law that would change that.

#10 According to a recent study conducted by the Heritage Foundation, federal workers earn 30 to 40 percent more money on average than their counterparts in the private sector.

#11 When you factor in such things as retirement and health care benefits, the compensation gap between federal workers and private sector employees gets even larger. 

#12 The personal wealth of members of the U.S. Congress collectively increased by more than 16 percent from 2008 to 2009.

America needs a fundamental shift in attitude.  Instead of expecting a “nanny state” to take care of us, we should desperately try to reshape the federal government into a much smaller entity that will finally get off our backs. We have been living beyond our means for decades, and we cannot afford to pay for this bloated behemoth of a government for much longer. Learn more about the government, laws, federal reserve, and legislation. Power your mind! MadOne.

No comments:

Post a Comment