Figure the deficits that result from highly paid government workers can be financed, but unseen are the higher labor costs born by private employers (not to mention the companies that never form) thanks to deep-pocketed governments competing for finite labor, and worse than that, what the economy loses for potentially talented individuals toiling in government their whole lives over creating the next Microsoft or Intel.
FORBES: Book Review: Shadowbosses by Mallory Factor and Elizabeth Factor