Want to get happy? Here’s a lovely article highlighting that over the past 18 months, the percentage of Federal Government employees making over $100,000 jumped from 14% to 19%!
An even more astonishing fact is that 1,690 employees at the Department of Transportation now make over $170,000 vs. only one before the recession started.
My grand plan now is to build my retirement nut in the private sector for 20 years, and then live it up with a fat salary and pension from the public sector for the next 20 years!
I’m going to the local library today to learn all I can about being a great DOT employee. I will be the best planner, analyst, treasurer, whatever there is, so I too can make $170,000 too.
Anybody else dreaming about joining the Federal Government to take advantage of all the benefits? After reading Jane White’s “Welcome To The Poorhouse” book, I was doubtful about my chances of making $174,000 in government because I’d have to be elected as a Congressman or Senator. Now I’m ecstatic to discover there are 10,000+ Federal Government positions which pay just as well!
As a government official, I promise to support tax hikes for all income classes no matter how horrible the economy is. After all, tax hikes are important to keep our guaranteed annual pay increases going.
Remember, only the government is allowed to persecute others and tell them how to spend their money. As long as they focus the public’s attention on Wall St., maybe nobody will notice their ways. “We’ll spend your money however way we damn feel like it!” Go USA!
Readers, which public sector job do you dream of having? Why would anybody ever want to join the private sector given all the insecurity, volatility, and pay differential?
Financial Samurai – “Slicing Through Money’s Mysteries”
If you were forwarded this newsletter, you can subscribe by clicking here.