Will the Real 1% Please Stand Up?

1 Jan

Wayne Allyn Root (more about him below the extract) has written an interesting piece titled “Government Employees – the True 1 Percent” in which he identifies what appears to him to be the fourth problematic “entitlement” (along with the normally-mentioned Medicare, Medicaid, and Social Security) that must be addressed to return to national fiscal sanity.  The lead-in paragraphs are below, but the entire essay may be found at

http://www.foxnews.com/opinion/2012/03/02/government-employees-true-1-percent/

Excerpt:   [bolding is mine]

How did America become broke and insolvent? How did we build up an unimaginable $115 trillion in debt and unfunded liabilities? How did we allow the American Dream to become a nightmare?

All we need do is look at the primary demand the Eurozone and IMF are placing on hopelessly bankrupt Greece to get their new $170 Billion bailout — Greece has agreed to cut 150,000 government employees. Even Cuba’s leader Raul Castro recognizes government employees are at the root of economic destruction, as he is cutting over 2 million of them to save Cuba from bankruptcy.

The truth is that government employees are the true 1%. We have far too many of them (21 million), many of them are paid too much, and their union demands are straining taxpayers to the breaking point.

They have become a privileged class that expects to be treated superior to the taxpayers — the same folks who pay their salaries and pensions. But it is their obscene pensions that are the big problem moving forward for America.

..  .  .  . 

Wayne Allyn Root is a former Libertarian Vice Presidential nominee. He now serves as Chairman of the Libertarian National Congressional Committee. He is the best-selling author of “The Conscience of a Libertarian: Empowering the Citizen Revolution with God, Guns, Gold & Tax Cuts.” His web site: http://www.ROOTforAmerica.com.

Wayne Allyn Root is capitalist evangelist, entrepreneur, and Tea Party Libertarian Republican. He is a former Libertarian vice presidential nominee. He is the best-selling author of “The Conscience of a Libertarian: Empowering the Citizen Revolution with God, Guns, Gold & Tax Cuts.” For more, visit his website: www.ROOTforAmerica.com.

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