Michael Mandel, former chief economist for BusinessWeek, is now writing on his own blog. Please consider his latest post on The Growing Gap between Govt and Private Sector Benefits. When I was out in Kansas City at the Kauffman Foundation’s Economic Bloggers Forum, Mish Shedlock of the blog Global Economic Trend Analysis made a persuasive case that state and local finances were completely broken because gov’t workers were overpaid compared to the private sector. ( See here for one of his …

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Growing Gap between Gov’t and Private Sector Benefits