10/12/2017

Start Spreading The News! NYC Mayor De Blasio Paid City Employees $2B For 33 Million Overtime Hours

Adam Andrzejewski, Forbes.com

They say if you can make it in New York City, you can make it anywhere. But for government workers, it seems the best place to “make it” is in the Big Apple itself.

The New York Post covered our latest investigation of city payroll. New York City can be a hub of opportunity, and not just for aspiring Broadway stars. All sorts of city workers earn big bucks.

In NYC, plumbers and plumber’s helpers can make up to $200,000 annually; carpenters can bank $166,000; plasterers can earn up to $184,711; and painters can amass up to $161,324. Opportunities are endless: By repairing thermostats for a living in New York, someone could make $234,217. Even a city truck driver can bring home $216,036.

Our team at OpenTheBooks.com recently analyzed New York City payroll data for fiscal year 2016. We found 76,166 rank-and-file NYC public employees were paid more than $100,000 each, costing taxpayers $11 billion. These highly compensated employees made regular salaries plus a stunning $1.3 billion in overtime charges, another $728 million in 'extra pay,' and another 30 percent estimated for pension, health insurance, vacations, sick time and holiday pay – amounting to $11 billion.

Read full article



You May Also Like:

When Will Democrats Wake Up And Resist The Socialists' Scheme To Take Over Their Party? Bryan Dean Wright, Fox News

Project Veritas Undercover Video — GAO Auditor On Socialist Activism: ‘We Want To Destroy Capitalists’ Breitbart

It’s A Set-up Andrew C. McCarthy, National Review

Dems Winning Votes With Big Lie About Pre-Existing Conditions Spectator

Brett Kavanaugh's Wife Receiving Violent Threats Melissa Quinn, Washington Examiner

What Democrats Have Become Daniel Henninger, The Wall Street Journal

Chicago Park District Halts Obama Presidential Center-Related Construction Leslie Eastman , Legal Insurrection

Democrats Have Abandoned The Presumption Of Innocence Rich Lowry, NY Post

Accusation Against Kavanaugh Is Exactly Why Men Should Be Leery Of #MeToo Movement PJ Media

Cory Booker Admits To Sexual Assault In 1992 Stanford Column Jennifer Van Laar, Red State

Liberal Elites Are Even Ruining Hamburgers And They Must Be Stopped Kurt Schlichter, Town Hall

For More go to the Home Page >>>

Join Our Email List



section

Bookshelf

FreeMarket Central

Some titles recent, all recommended -

Special Video Feature

FreeMarket Central

Voices From The 2017 International Students For Liberty Conference

section

In Search Of History

4,000 Years Of Price Control

Tablets, said to be 200 years older than the Babylonian Code of Hammurabi ... show that the ancient kingdom of Eshnunna had wage control and price control. The news ought not to have come as a surprise. For the code of Hammurabi itself (unearthed in 1902), which was promulgated earlier than 2000 B.C., fixed prices, wages, interest rates, and fees. This makes price control at least about 4,000 years old. ...

 

Ironically, it is those who now wish to return to this ancient totalitarian device who are fondest of calling themselves “progressives.” They are also fond of saying that those who believe in economic liberty “are living in the nineteenth century.” These controlists have yet to learn that they themselves are still living, as the discoveries in Babylonia attest, in the nineteenth century—B.C.!

-- Henry Hazlitt,

Shadow Stats Snapshot


FreeMarket Central

ShadowStats alternate economic indicators are based on the methodology of noted economist John Williams, specialist in government economic reporting.

  • Unemployment:
    FreeMarket Central BLS: 4.05%
    FreeMarket Central Shadow Stats: 21.5%
  • Inflation:
    FreeMarket Central August Year-to-Year: 2.87% (CPI-U*)
    FreeMarket Central Shadow Stats: 9.9%

*[cpi-u is the Bureau of Labor Statistics inflation rate for all urban consumers]

section