Home > Links > Public Sector Pay Outpaces Private Pay « Mandel on Innovation and Growth

Public Sector Pay Outpaces Private Pay « Mandel on Innovation and Growth

Since early 2005, public sector pay has risen by 5% in real terms. Meanwhile, private sector pay has been flat… This one fact explains much of the fiscal stress at the state and local level—why states such as New York, New Jersey, and California are in such a mess… You can’t ask troubled taxpayers to pony up bigger pay gains for government workers than they are getting themselves.

via Public Sector Pay Outpaces Private Pay « Mandel on Innovation and Growth.

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