High federal pay means less capital formation, lower wages and reduced innovation.

Forbes " It should also be remembered the perverse incentives that exist among federal workers. Not able to advance based on profits, and doing more with less, workers in the government succeed the more the bureaucracy they work for grows, the more lawsuits they win against private actors, the more regulations they impose, and the more fines/fees they lift from the increasingly empty hands of the average American taxpayer."    John Tamny is editor of RealClearMarkets, a senior economist with H.C. Wainwright Economics and a senior economic advisor to Toreador Research and Trading. He writes a weekly column for Forbes.