There’s been a lot of talk lately on the ins and outs of a new supplemental poverty measure being developed by the U.S. Census Bureau. As named, this new measure will not replace the official measure, but will supplement it by offering more information on people’s economic wellbeing. Nancy Folbre’s recent Economix post gives a good round up of why this new measure matters, but here’s the upshot.
On Monday, I asked what might explain the 20% difference in wages between government and private sector workers who hold similar jobs. Writing on Forbes.com, Joshua Zumbrun argues that I (and Nancy Folbre, who also defended government wages on Economix) fail to account for the job security involved in having a public sector job: It's just... obliviousness... not to recognize the value of having job security in this economy.