How does government and the private sector intersect?

I think that even though for the most part our country has tried to set things up so that government and the private sector do not intercept, they do, and always will. I think this is a good thing for the most part. With out government regulations companies would be able to do pretty much anything they wanted and treat their employees however they want. Due to the government regulations we have things like minimum wage requirement, age requirement so that kids are exploited, and worker rights. The government also regulated the taxes that private companies are required to pay, and as we saw in the last election, this is a very big deal to many company owners. The government also intersects with the private sector when they decide to do bail outs for large companies. I know that the bail outs have been a very controversial over the past couple of years, but I for one thing that it was a good thing. Many companies, and peoples jobs were saved in their decision to bail these large companies out. I think that without government regulations the private companies would have to much control and that eventually our economy would seriously suffer from it.

Above was my original posting for the class discussion.

While looking into the goverment and private sectors one of the things that I find a lot of information on was that the government workers make a lot more money than people in the private sector working in the same profession. According to USA Today " The data flip the conventional wisdom on its head," says Cato Institute budget analyst Chris Edwards, a critic of federal pay policy. "Federal workers make substantially more than private workers, not less, in addition to having a large advantage in benefits."


There is also a chart in this article showing the different in the government saleries and the private sector saleries. CHART: Federal salaries compared to private-sector

References:
Federal Pay Ahead of Private Idustry. Cauchon, Peter. USA Today. 3/8/2010.
http://www.usatoday.com/news/nation/2010-03-04-federal-pay_N.htm#chart


This cartoon also reminded me of the artice I read on USA Today this is attached.