Posted on 04/07/2010 6:44:14 AM PDT by BobNative
How to Cut Government Pay All the U.S. has to do is follow Ireland's example.
(Excerpt) Read more at online.wsj.com ...
good heavens, if that is true...then the US is truly gone off the deep end. Ireland? next we’ll be taking advice from Iceland....
They did throw out their government...
Follow Ireland’s example? Do they mean we should foist the Kennedys on some other country?
I don’t think Ireland has the capacity to do anything pro-liberty or free market oriented. They can throw around some crony capitalism from time to time, but basically, the only alternative to socialism in the Irish view is some form of fascism (government directed benes to politicians in “real estate development”).
That said, I missed their ouster of the gov. Who is in now? What’s Bertie going to do now?
From the article
Having had a long run of high growth and success, Ireland has now had a severe bust, the deflation of a housing bubble, and a financial crisis. Plus, its government is running big deficits. Sound familiar?
In response, the current Irish government budget takes these steps (translating from euros to dollars and rounding):
• Government employees’ salaries up to $40,000 will be reduced by 5%.
• The next $54,000 of salary will be reduced by 7.5%.
• The next $74,000 of salary will be reduced by 10%.
When these tranches are added together, this gets you up to salaries of $168,000. Government salaries over this amount may be subject to marginal reductions of as much as 15%.
This looks like a very sensible plan for nonmilitary government employees.
Ireland has already worked out the plan. All the U.S. has to do is implement it.
I was referring to Iceland, actually. Because of the statement of “who’s next, Iceland (paraphrased).” I was saying at lease when their government screwed things up, they ousted them. That’s not a bad idea, was all I was saying, considering...I don’t know much about Ireland, but know enough that they are in no good state of affairs, either.
Agree (more or less) + reduce paid holidays to 5 instead of current 10. + Hiring freeze + Promotion freeze. Not all my coworkers agree with me.
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