If You Can’t Beat ‘Em, Join ‘Em
A recent report shows that Federal employees are enjoying unprecedented pay despite a terrible recession. So much for a little belt tightening during a time of dwindling tax revenues and record deficits. Pretty much the rule of thumb for the Federal government is whatever most Americans are doing with regards to personal finances, do the opposite. When most Americans are cutting spending and buckling down, the Federal government should borrow, print, and spend more.
Maybe we should all go work to the Federal government. Now that would be a productive economy. Maybe we could all then be a part of one giant union also. We could have high pay, huge benefits and job security.
The crazy thing is that there are real Americans that believe this is not only possible but should be what is implemented.
Overall, I like your blog, but it is an inconsistent mix of information and post like this one really don't belong. If there were more insight in this kind of post, I might take them more seriously, but they often read more like political rants.
Blake, I appreciate your feedback. Unfortunately, politics and the economy mix these days. i wish they didn't but they do. While they do, I will probably provide commentary on politics when it intersects with the economy and finance in general.
Do you have a reaction to the fact that Fed workers have a much higher pay on average than the private sector? Or do you just get angry at the mentioning of the subject?
Sorry for the tardy response. I can see that it is not appreciated.
I am glad that you brought up two important points: Federal employee pay and the government concern over banks lending. And you are correct that politics and economics are intertwined. I am simply asking for MORE insight into these matters. Both of your articles are about ten lines and do not add to my knowledge of the situations. They merely state opinions.
Once again, I do not disagree with your posting of political articles. I just want more information.
Good Luck
Blake, sounds good. I appreciate the feedback!
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