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Would you believe 100 million?

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July 24, 2008 – Comments (4)

Did you know that state employees in California collectively make $1B more than minimum wage... per month! Yikes. There are 200,000 of them, the minimum wage is $6.55/hr, and a full-time worker puts in about 160 hrs per month, so a little quick math says that they averaged comfortably more than $35/hr. Huh. I guess if only they had lived somewhere other than California, they could have saved some of that for just such an occasion. Too bad.

Found via Mish via dwot (as you may have guessed).

4 Comments – Post Your Own

#1) On July 24, 2008 at 6:08 PM, lquadland10 (< 20) wrote:

What do you expect for a nanny governor that thinks its his way or the highway. I say ya volt heir comendent Schwarzenegger.

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#2) On July 24, 2008 at 6:31 PM, StockSpreadsheet (73.18) wrote:

I wonder if those salary decreases include the governor, the Lt. Governor and all members of the state legislature.  After all, if anyone should have their salary cut due to a budget not being passed on time, it is the people that need to write and vote on the budget.  In fact, I think that they should have to forfeit all pay after the budget deadline until a balanced budget is passed.  I wonder how many times the legislature would be late passing a budget if that restriction came into effect?  I bet not too many.

Craig 

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#3) On July 25, 2008 at 3:45 PM, FleaBagger (29.74) wrote:

I guess I assumed everyone would click the link or already know (maybe everyone did or does), but the article says, as I neglected to, that Schwarzenegger issued an executive order slashing the state employees' wages to minimum wage.

And as for the retributive tone in your comments, I can tell you that almost all of those state employees voted for and supported all the things that make California insolvent. That's why there were so many well-paid state employees in the first place.

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#4) On July 28, 2008 at 3:02 PM, khrushchv (< 20) wrote:

Here's an institution that might get any governmental executive and management team on point:

1) Base pay is minimum wage...just to be nice let's allow them to collect overtime pay at their base rate.

2) Any additional pay (bonus) is put to a popular vote every two years. 

3) All high-ranking state officials (managers) receive a pay level proportional (between zero and unity) of the governmental executive pay.

Comments?  Do you think the odds of getting something like this implemented are non-zero?  

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