J
JimR-OCDS
Guest
The pay freeze was due to expire today.He issued an exec. order to end the pay freeze on federal employees
weeklystandard.com/blogs/obama-orders-raise-biden-members-congress-federal-workers_692223.html
Jim
The pay freeze was due to expire today.He issued an exec. order to end the pay freeze on federal employees
weeklystandard.com/blogs/obama-orders-raise-biden-members-congress-federal-workers_692223.html
From what I understand there were 2 orders issued last week. One for extending the pay freeze until March 27th, then another to lift the freeze w/ a 0.5% across the board pay increase after the 27th.No, the executive order he signed 2 years ago was set to expire Jan 1, 2013. He just signed another extending it through March.
If “private sector workers continue to languish”, how is that Obama’s fault? Why don’t you look to the corporate CEOs who seized on the 2008-9 economic crash to freeze hiring, work their existing salaried employees 60-70 hour weeks, and cut or freeze wages/salaries. While most of America has been suffering, corporate profits have been through the roof.Exactly. Somehow, government workers are entitled to raises, while the private sector workers continue to languish.
Uh, they (Goldman Sachs) would be if they made multiples of billions a year. Which, btw, they do.And that is not anywhere close to the average employee pay for GS, not anywhere close. They wouldn’t be in business if they paid their employees that much.
I didn’t blame Obama for the private sector, so I have no idea what you are talking about. I blame Obama and other politicians for spending more money than we have and giving pay raises in a down economy when we are running very high deficits…If “private sector workers continue to languish”, how is that Obama’s fault? Why don’t you look to the corporate CEOs who seized on the 2008-9 economic crash to freeze hiring, work their existing salaried employees 60-70 hour weeks, and cut or freeze wages/salaries. While most of America has been suffering, corporate profits have been through the roof.
Well back in 1989 when Congress voted in a law to give themselves automatic pay raises, it was dirty.The entire point of giving Congress a pay raise is to make them look bad to the general public. Most people will falsely assume that Congress voted themselves more money. Dirty politics at it’s best but not surprising.
Yes. And it was frozen until Obama’s EO to remove it just as we near the fiscal cliff and the House is controlled by Republicans. I would say that this administration is stooping pretty low, but I don’t think they need to stoop.Well back in 1989 when Congress voted in a law to give themselves automatic pay raises, it was dirty.
Jim
Uh, no, they wouldn’t. GS employs about 32-35k people. If their avg pay for employees is $500k, then their payroll annually would be roughly $16 Billion. It isn’t.Uh, they (Goldman Sachs) would be if they made multiples of billions a year. Which, btw, they do.
H R 6726 2/3 YEA-AND-NAY 1-Jan-2013 6:54 PM
QUESTION: On Motion to Suspend the Rules and Pass
BILL TITLE: To prevent the 2013 pay adjustment for Members of Congress and persons holding other offices or positions in the Federal Government from being made
Yeas Nays PRES NV
He said it before the 2008 election, so there’s no particular reason to think he would not have at least SAID it in 2009. Had he been elected, the stock market battering might not have been quite what it was. TARP was already in place.But Ridge, let’s be fair. Do you really think McCain would have said “We have a spending problem” in 2009 had he been elected President as the stock market was continuing to be battered? Don’t you think he would have had no problem getting unemployment benefits extended, tax credits, schools funded, and so forth in the midst of a banking crisis which started btw under Republican watch? The Republicans had no problem passing a permanent drug program at the cost of $600 billion, no taxes to pay for it, and that was during “good” times, so I could easily see them spending double that to stimulate the economy.
Wait until late 2013. You won’t be saying corporate profits are “through the roof” then. But you will definitely be saying a lot of America is suffering. Not “most”, then, anymore than it can rightly be said now. Even in the Depression, “Most” did not suffer.While most of America has been suffering, corporate profits have been through the roof.
Or it could have been worse. But the fact that Bernanke already took the interest rates down to zero indicated an extremely weak economy and growing unemployment. Even if McCain had not enacted any new spending if he had won, the low government revenues would have still caused (if that’s a good word) the debt to soar.He said it before the 2008 election, so there’s no particular reason to think he would not have at least SAID it in 2009. Had he been elected, the stock market battering might not have been quite what it was. TARP was already in place.
One has to assume certain things in order to say that, and one might or might not be right to assume them.That and Bernanke already took the interest rates down to zero where they’ve been ever since. That usually signifies an extremely weak economy. Even if McCain had not enacted any new spending if he had won, the low government revenues would have still caused (if that’s a good word) debt to soar.