This week’s question comes from Joshua P. in the Dogpatch, who asks:
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As public-sector unions protest over cuts to their taxpayer-funded benefits in Wisconsin, James Poulos offers an insight so simple and so insightful, it's been bouncing around in my head all day:
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Whenever you point out that the average federal worker makes over twice as much in salary and benefits as the average private sector worker, defenders of the public sector are quick to point out that it's not an apples to apples comparison. Federal workers often have to be more skilled than average joe in the private sector.
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American Federation of Teachers president Rhonda “Randi” Weingarten has issued a statement slamming proposed cuts from the congressional deficit commission for not pushing shared sacrifice among the wealthy, but an AFT spokesman has told The Examiner that Weingarten will not be taking a paycut from the total $428,284 she received in salary and benefits during fiscal year 2010.
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Head of the Securities and Exchange Commission Mary Schapiro made quite a good living for herself while heading FINRA, the Financial Industry Regulatory Authority which is supported by dues from the industry, making a total of $9 million in 2008, the very year the financial crisis hit. How can that be?
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Head of the Securities and Exchange Commission Mary Schapiro made quite a good living for herself while heading FINRA, the Financial Industry Regulatory Authority which is supported by dues from the industry, making a total of $9 million in 2008, the very year the financial crisis hit. How can that be?
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