“But be honest - feds simply do not work that hard, and they are not that competent all in all.”
Really? Speak in stereotype much? Do you listen to what you write? Government workers are the new red-headed stepchild. It’s become the new meme to despise them... ever wonder where that came from? Is it possible that the zero administration has culled this disdain for the fed worker so that he could raid their retirement accounts without any backlash? It will be all fun and games until he comes after YOUR retirement funds.
“Is it possible that the zero administration has culled this disdain for the fed worker so that he could raid their retirement accounts without any backlash?”
No. He knew the vast majority of fed employees are too lazy to do anything about it - what are they going to do? quit?....and then do what? Not one federal employee will quit over this nonsense. Why?
The folks who actually work for a living, earning money that actually belongs to them in an account they own are not likely to let anyone take what they need to provide for themselves. The Feds are afraid to take it - so they won’t - they might inflate it away, but they won’t take it.
That’s just one difference between a federal employee and someone who works to pay for themselves and all the federal employees too.
Why do you think federal employees are doing nothing about the Fed raiding the account that federal employees think is theirs?
You sound really insecure about the work you are doing. Understandably so if you never have had to compete in the private labor market.
To even suggest that somehow the Obama administration is sowing disdain for government workers and their pensions is the height of ridiculous. Government workers are the Obama administrations natural constituency and the group who have benefited most by the dramatic increase in federal expenditures. No, it is not the Obama administration raising disdain for government workers compensation and benefits.
It is a natural reaction of the rest of us getting a peek at the extravagant pensions the political class have promised to their quislings out of our tax dollars. Traditionally we’ve taken for granted that public workers get job security and a nice pension for accepting smaller salaries. Private sector workers are struggling with job security, increasing competition from foreign labor and now a political class salivating at the chance to grab our meager 401k and IRA savings because we are ‘rich’ so they can fund even more bureaucratic growth. For public workers get the trifecta of higher salary at the same skill level, gold plated pensions (jobs like teachers, lifeguards, police officers and firefighters getting pensions with an estimated $1.3M lifetime value), and bulletproof job security on the backs of those private sector workers is a deep and grave injustice.