Wednesday, March 31, 2010

Talking about Overpaid Bureaucrats on CNBC

It's only a two-minute clip, but Larry and I cover the key reasons why excessive government pay in bad for taxpayers and bad for the economy.

By contrast, Ben Stein has a video defending bureaucrats, but he never addresses whether they are overpaid or whether there are too many of them. His argument isn't very focused, but he cleverly selects the handful of categories (cops, firefighters, etc) where government workers perform useful services, and wants us to have positive feelings for all bureaucrats. He also implies that the term "bureaucrat" is some sort of slur, which is a surprise to me. Anyhow, if this is the best the other side can do, I feel confident that they have no legitimate defense.

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