Public vs. Private

There are two distinct sectors in the economy: the private sector and the government sector. The private sector is the productive part of the economy. Competition in the private sector promotes greater efficiency, productivity and innovation than the public, or government, sector is capable of. Yet it is government employees who are the highest paid and have the most job security. This helps explain why so many states are facing acute, budgetary crises.

Budget Busting Compensation Packages Plague States