Things are going to get a whole lot worse for people drawing a federal paycheck. They have to if we ever intend to see the private sector thrive again.
Things are going to get a whole lot worse for people drawing a federal paycheck.
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Make that a federal check—period. You could eliminate the total federal civil work force ($800B) and the budget deficit is forecasted to be larger next year ($1.2B). This isn’t going to be fixed with furloughs.
Too many people in government just have no clue about the degree of suffering those who pay their salaries and giant pensions have endured for several years now. A few unwanted furlough days? Boo-hoo-hoo! Talk to the people in the private sector who, if they are fortunate enough to have any work, have seen multiple years of downward mobility while the feds have seen raises. (Perhaps we should call them the “well-feds.”) It is way past time for them to share in America’s pain. People are tired of being robbed blind by their “public servants.” The crowd in DC seems big on “reform” these days. Maybe what America really needs is federal employee pension “reform.” Do we really need to pay them not to work for 40 years? Can we afford to? They are paid on average more than private sector counterparts. Why can’t they save and invest for their own retirements, like all the peons who are taxed to support them?
That is true, but to help the private sector it needs to be done in a sensible way to really cut in areas of waste, that is not the plan. The plan is to do it in a way that hurts people in and out of government as much as possible. If done as planned I don’t see a benefit to the private sector.