Overpaid government workers bullish on economy, privately employed not so much

Today Rasmussen released this interesting poll result:

Government employees are much more bullish about the economy than those who work in the private sector. That’s a big change from the beginning of the year when those on the public payroll were a bit more pessimistic than private sector workers.

Data from the Rasmussen Consumer Index from the past seven days shows that a plurality of government workers think the economy is getting better while those who work in the private sector tend to have the opposite view. Those in the government sector are also more upbeat about the current state of the economy and their own personal finances.

Today, 46% of government employees say the economy is getting better while just 31% say it’s getting worse. Among those who work in the private sector, the numbers are reversed: 32% say better and 49% worse.

Note that over the past 18 months there's been an explosion in federal salary increases — “federal employees making salaries of $100,000 or more jumped from 14% to 19% of civil servants during the recession's first 18 months,” according to a report by USA Today.  And government workforces have been expanding as unemployment hit 10 percent. No wonder they're “more upbeat about the current state of the economy and their own personal finances.”

Beltway ConfidentialUS

If you find our journalism valuable and relevant, please consider joining our Examiner membership program.
Find out more at www.sfexaminer.com/join/

Just Posted

A nurse draws up a dose of the Moderna COVID-19 vaccine at the Mission neighborhood COVID-19 vaccine site on Monday, Feb. 1, 2021. (Kevin N. Hume/S.F. Examiner)
SF expands vaccine eligiblity, but appointments ‘limited’

San Francisco expanded eligibility for COVID-19 vaccinations Wednesday but appointments remain limited… Continue reading

The now-shuttered Cliff House restaurant overlooks Ocean Beach people at Ocean Beach on Tuesday, Feb. 23, 2021. (Sebastian Miño-Bucheli / Special to the S.F. Examiner)
The United Educators of San Francisco rallied in front of City Hall Saturday for a candlelight vigil after several days of contract negotiations. (Samantha Laurey/Special to SF Examiner)
Teachers call for outside mediator as contract talks over school schedule continue

Union remains at odds with SFUSD over hours students should be in the classroom

Lawrence Ferlinghetti (Paul Chinn/2000 S.F. Examiner)
Lawrence Ferlinghetti, poet and titan of the Beat era, dies at 101

Elaine Woo Los Angeles Times Lawrence Ferlinghetti, the San Francisco poet, publisher… Continue reading

Most Read