Today in Buffalo Business, is an article about the difficulty in wooing retailers to Buffalo. One of the reasons cited is our region’s relatively low average weekly wage of $689. I’m sure a large number of private sector workers are looking at that figure and saying, “holy shit, I don’t make anywhere near that much money!”
Government employment accounts for 17% of local jobs. The Buffalo area not only has some of the highest paid government workers nationally, it has an abnormally large number of public employees per capita.
Chances are good that if you make the average salary for the area, you are a government employee. If you make more, the chances that you work for the government are greatly increased.
The private sector economy has basically become a serfdom working for low wages to support the 17% who work for the government. That is why few people have enough discretionary income to lure Ikea and other large retailers to Buffalo.
The politicians make it look like they are doing you a favor by luring Bass Pro. The truth is, they need to use $25 million of your money to get them here because it wouldn’t be financially reasonable for Bass Pro to locate here without massive subsidies. The politicians are not helping the economy with subsidies and redistribution of wealth, they are just trying to protect their own asses by putting up the appearance of doing a good job. Yes, Brian Higgins, that means you.
Not to single out Higgins, most local politicians are playing this game, it is just that Higgins has moved on to the next level. If the politicians wanted to actually do something to improve our economy, they would have to acknowledge the need to slash the size and compensation for local government.
The voters bear much of the blame because they keep voting the same people into office.
[tags]Buffalo, New York, economy, government, employees, salaries, compensation, Brian Higgins[/tags]
Buffalo, Erie County, Government Waste | 1 Comment »