MCViewPoint

When did you last go to the government for a service you truly wanted or needed? Not forced through regulation?

You may need a passport but that is because government mandates its existence, that you apply, supply documentation and pay for it.

Government – Paying its employees well for the privilege of making life more expensive and difficult for those who are useful, productive and/or just want to be left alone.

https://www.cnsnews.com/commentary/terence-p-jeffrey/want-make-money-work-government

By Terence P. Jeffrey

Which class of full-time, year-round American workers has the highest median earnings? Is it the class that works for private-sector employers? Is it the class that works for the government? Or is it the entrepreneurial class, those of whom employ themselves?

According to the Census Bureau Personal Income Table 07 (PINC-07), the competition isn’t close. When it comes to making money in the modern United States of America, government workers win.

Among Americans who actually earn income by working, they are the upper class.

In 2017, according to PINC-07, there were 115,704,000 Americans who worked full-time (at least 35 hours per week) and year-round (at least 50 weeks in the year). The table divides these workers into three general classes: “private wage and salary workers,” “government wage and salary workers” and “self-employed workers.”

Of the full-time year-round workers, 88,296,000 were private-sector employees; 17,617,000 were government employees; and 9,750,000 were self-employed. (Another 42,000 were classified as “unpaid family workers.”)

The overall median earnings for all of these full-time year-round workers in 2017 were $48,500.

Workers in private industry, however, made less than the overall median. Their median earnings were $46,797.

The self-employed did a little better than the national rate. Their median earnings were $50,383.

But government workers did the best. Their median earnings were $53,435.

That was 14.2 percent better than private-sector workers and 6.1 percent better than the self-employed…

Be seeing you