Shovel Ready

Here comes the rain again
Falling in my head like a tragedy
Tearing me apart like a new emotion
--Eurythmics

Nice article from John Mauldin on our fiscal situation. I found the data on govt vs private sector jobs particularly interesting. Check out that USA Today table showing avg salary difference govt vs private sector.

As John notes, the old assumption was that govt jobs paid less but were more secure. Private sector jobs paid more but were more volatile. The old risk:reward axiom.

Bureaucrats seem to think they can obsolete that axiom. Market forces will likely beg to differ...