Dear Concerned Taxpayer,
Monday, November 19, 2012
(cnbnews.net)I want to urge you to read our new report, Public Servants or Privileged Class: How State Government Employees are Paid Better than Their Private-Sector Counterparts.
The report analyzes state government employee wages and benefits in all 50 states, and for the first time, provides a detailed comparison of compensation for public- and private-sector workers in the same job categories, from architecture and engineering to transportation. Watch the video below, which vividly illustrates how public-sector workers are paid more than their private-sector counterparts.
This disproportionate public-sector compensation is a major driver of unfunded state and municipal pension liabilities across the country, which pundits and experts of all political stripes have accurately described as a looming financial crisis.
Concerned Taxpayer, this report is the first installment in CAGW’s new Public Pension Education Project. To support this project, which is intended to spur action on public-sector employee compensation reform, make a contribution to CAGW today.
Sincerely,
Thomas A. Schatz
President, CAGW
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Citizens Against Government Waste is the nation's largest taxpayer watchdog group with more than one million members and supporters nationwide. It is a 501(c)(3) nonpartisan, nonprofit organization dedicated to eliminating waste, fraud, abuse, and mismanagement in government. Contributions to CAGW are tax-deductible as charitable contributions to the extent permitted by law. For more information about CAGW, visit our website atwww.cagw.org. To help CAGW battle the runaway deficit spending that is bankrupting America, make a tax-deductible contribution today.