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By removing unnecessary regulatory burdens that hinder companies from doing what they do best — creating jobs and meeting the needs of American consumers — the nation could create jobs and boost an otherwise lackluster economic recovery.
A January 2012 report by the Congressional Budget Office (CBO) shows that federal government employees receive substantially higher compensation than similarly skilled workers in the private sector. The report’s methodology and conclusions are broadly similar to previous studies from both The Heritage Foundation and the American Enterprise Institute.
Fringe benefits for Ohio public workers are more than twice as generous as those paid in the private sector, meaning that when pay and benefits are taken into consideration public workers receive 31.2 percent more in total compensation than private‐sector counterparts.
Will we recover, unbridle ourselves of debt, innovate, pay for our national security? Or, is China fated to become number one, leaving us to live in a Chinese world?
Reducing federal employee compensation to market levels could save taxpayers roughly $77 billion per year.
We cannot say for sure how much job security is worth. But we can say it is worth something more than zero and we believe that our estimates are reasonable or even conservative.
In 2011, the Government Mortgage Complex accounted for 88 percent of all first-mortgage originations in the United States, with the government also controlling an estimated 90 percent of the student loan market. The government’s growing dominance in the home mortgage and student loan categories is cause for concern, posing a threat to private investors, borrowers, and taxpayers.
Last week's announcement by four major oil companies that they are setting up a billion dollar joint venture to create a rapid-response system to contain deep offshore oil spills shows that private firms can act faster in a crisis than government regulators.






