Posts Tagged ‘private sector’

Brian Garst

Budget Busting Compensation Packages Plague States

by Brian Garst

There are two distinct sectors in the economy: the private sector and the government sector.  The private sector is the productive part of the economy.  Competition in the private sector promotes greater efficiency, productivity and innovation than the public, or government, sector is capable of.  Yet it is government employees who are the highest paid and have the most job security.  This helps explain why so many states are facing acute, budgetary crises.

govt-pig

A new report by Chris Edwards of the Cato Institute highlights the sharp disparity between public and private compensation.  Despite producing very little compared to their private counterparts, public sector employees of state and local governments averaged 45 percent more per hour in wages and benefits.  And because government never shrinks, public employees are “rarely terminated for cost-cutting or job performance reasons.”

\Unionization appears to be a factor in public sector pay.  With a few exceptions, Edwards shows that the states with the highest public pay advantage also have the highest share of union workers.  But whatever the cause may be, the excessive pension plans provided by states has placed taxpayers in a virtual stranglehold.  Unless cuts are made, they are the ones who will have to pony up to provide for public sector workers.

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Liberty Chick

Hijacking the Private Sector, the SEIU and Blago Way

by Liberty Chick

The current state of the economy has placed a large burden on private business, especially on small businesses and the self-employed. Subscribing to a Keynesian tenet of financing debt and increasing government spending to boost output, lawmakers are repeatedly giving themselves cover for splurging.  After the first bailouts came the massive $787 billion stimulus bill, an urgent remedy that Congress and the White House insisted was all about “Jobs, Jobs, Jobs.”

And as spending has increased, so has the size of the public employment sector. Meanwhile, the private sector will soon be close to earning a coveted placement on the endangered species list.

private-VS-public1

As the union leaders’ plundering of the private sector has continued, this doesn’t mean that they have abandoned unionizing private sector workers altogether.  In fact, while the number of private sector jobs overall is down, the number of unionized private sector jobs is trending upward, right alongside the public sector growth.

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Kyle Olson

America Exports Socialist Ideas to Venezuela

by Kyle Olson

Here’s a concept I never thought we’d be exporting: governments taking over markets to act as the “competition.” 

chavez

News is Venezuelan brute Hugo Chavez has created a “new chain of government-run, cut-rate retail stores that will sell everything from food to cars to clothing from places such as China, Argentina and Bolivia,” according to Breitbart.com:

Chavez said the Comerso chain of stores will include “a network of subsidiaries” that will sell new vehicles directly imported from China and Argentina, “without capitalist intermediaries.”

“We’re going to defeat speculation. Private individuals in sales can still sell, but they’ll have to compete with us and with a people who is now fully aware,” Chavez said.

Gee, where have I heard that before?  Oh yeah!  That kind of sounds like the talking points from the Democrats government-option proposal.

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Peter Schweizer

Obama vs. The American Businessman

by Peter Schweizer

Okay, it’s time to finally admit it:  Barack Obama hates businessmen.  Not just certain businessmen, mind you, but the entire profession.

Of course President Obama will deny this.   He told Businessweek magazine in a recent interview that he is not anti-business and that he believes in the private sector.  But the evidence is overwhelming,  and it helps explain why he is pursuing kamakazi-like economic policies that will damage the private sector in America.

going-out-of-business

Obama has demonized just about every business sector in America.  Through the 2008 campaign to the present,  he has gone after credit card companies, the coal industry, mortgage companies, real estate companies, steelmakers, utilities, drug companies, doctors, oil companies, Wall Street, defense contractors, and health insurance companies, just to name a few.  In each case he has dinged them for greed, taking excessive profits, and failing to put people first.  His criticisms have not been over minor matters but over their basic core functions, and their values or lack of them.

Obama demonstrates almost complete ignorance about the private sector and it’s no wonder:  he has so little experience in it.  He has spent his adult life in college, teaching college, and organizing communities.  The one private sector job he has held, for a consulting firm in New York, he recounts as a terrible experience.  In his memoirs he describes the experience as working for a private business “like a spy behind enemy lines.”  He also recounts in his memoirs that the multinational corporations in the Indonesia of his youth were propelling the average worker “into deeper despair.”  He likened the presence of corporations in his native Africa to a form of “neocolonialism.”  Michelle Obama has beseeched young people, “We left corporate America, which is a lot of what we are asking young people to do.  Don’t go into corporate America.  You know, become teachers, work for the community,  be a social worker, be a nurse….move out of the money-making industry, into the helping industry.”

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