Public servants gain as private sector workers struggle. This Ponzi scheme must fail

We’re borrowing billions to pay for a huge growth in public-sector jobs and wages - and at some stage the crunch will come:

Australian Bureau of Statistics wages data for the June quarter show the public sector is out-­competing the private sector for jobs. While the overall wages growth was the lowest on record, at just 2.1 per cent for the year, public-sector wages grew by 2.4 per cent.

Wages in the retail sector, Australia’s biggest employer, rose by...