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As a retiree collecting my retainer fee, some call it a retirement check, I feel qualified to offer my views.

1. All for cutting the RATE OF INCREASE by 1% if:

a. It's across the board and all federal employees RATE OF ANNUAL INCREASE is cut the same.

b. The operating budgets of all federal agencies are also cut 1% RATE OF INCREASE.

Notice a theme? It's RATE OF INCREASE from the previous year. Ya, ya, I know about inflation and loss of buying power. If above "a." and "b." are done its almost a step in the right direction.

The step in the right direction is to have ZERO annual rate of increase and cut 1% from the previous years amount for all above "a." and "b.". It's called the Penny Plan. Do it every year for about 5 years and at least the annual deficit will get to zero. The national debt reduction will require "nuclear elimination" by legislative powers of whole agencies and departments, turning then into microscopic advisory councils to congress (2/state for each subject). Also tax cuts to increase revenues taken in the the FedGov must happen. Tax cuts spur business growth, thus hiring more people and business for paying taxes. (quantity of contributors submitting less overpowers crushing fewer contributors)

10 posted on 12/14/2013 4:19:01 AM PST by USCG SimTech (Honored to serve since '71)
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To: USCG SimTech

Great Ideas, we cannot go on spending what we don’t have.

Military Retiree, willing and able to accept up to at least a forty percent cut to save the Republic, but all must be willing to have the same “skin in the game”. Across the board means something.


33 posted on 12/14/2013 6:25:25 AM PST by wita
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To: USCG SimTech

I agree. If Congress will cap all government spending so it GROWS at 1% below inflation...then I’m fine with capping my retirement in a similar fashion. Do the same to Social Security and all federal workers.

But of course, the ONLY place they want to do this is with retired military.

BTW - something I’ve heard from potential employers...’If I can hire you or someone who NEEDS the job, guess who I would hire...’ If you have retirement pay, they assume you will feel free to walk away if the job isn’t fun, or if the boss is a jerk.


72 posted on 12/14/2013 10:30:53 AM PST by Mr Rogers (Liberals are like locusts...)
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