Quote:
Originally Posted by Fishpart
The thing that is really killing us is the retirement age for Public Employees, we need to move that from 38 to 68 like the rest of the world.....
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in parts of Europe, New Jersey, Texas the people have recognized the urgency of the problem and elected executives that will immediately address the problem which is the size of and spending by government at every level despite the backlash and mobs in the streets , elsewhere you have electorates that are esssentially crack addicts who will elect only those that will continue to give them a little crack once in a while and who, as elected public servants will also continue to grow the crack addict base in every way possible to keep them in elected office (RI, Mass, California, NY). Taking the house may help in choking some of the spending, as Jimmy said, there seems to be momentum....but momentum shifts quickly when all of a sudden it's your crack dealer that they are putting out of business. The Crack Dealer in Chief is the biggest pusher of them all, this is a panel "bi-partisan
" panel put together by our Nation's worst offender when it comes to government growth spending and defense of every bloated social program...we might make some strides with this new Congress but I think the collapse is coming long before any implemented solution occurs...if great strides are made in the New Jersey's and Texas' they will only be off-set by the rampant crack abuse in California and RI....those that are trying to acutually make changes that will matter will be under relentless assault from the addicts, the pimps in the media and the dealers at the state and federal level and most of all, from Obama who has no intention of reducing government...he's
"making government cool again"...remember?
Federal government workers have notoriously earned more than — in many cases more than double — their private sector counterparts for a while. But a new analysis from USA Today sheds light on the shocking size and scope of pay increases for federal workers, most notably in recent years. According to USA Today, the number of federal workers earning salaries of $150,000 or more has increased tenfold over the past five years and doubled since President Obama took office in January 2009.
Graph: USA Today
While the rest of the U.S. economy remains stagnant, the fast-growing pay of federal employees has raised eyebrows
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"
In the end, the president is going to have to decide whether to incorporate some of this into the 2012 budget," said David Walker, a former U.S. comptroller general and an advocate for deficit reduction. "
He's going to have to lead, because if the president doesn't lead on this, it goes nowhere fast."Mr. Obama avoided any comment on the specifics, as did Congressional leaders. Both said they'd wait for a final product.
Lawmaker reaction was mixed, suggesting any final plan will be weaker than the one released Wednesday. Sen. Judd
Gregg (R., N.H.), the top Republican on the Budget Committee and a panel member, called it "a genuine product that deserves very serious attention."
But liberal panel members were less enthusiastic.
Sen. Richard Durbin (D., Ill.) said he wouldn't vote for it, saying that "there are things in there that I hate like the devil hates holy water." he'd know
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Associated Press
Erskine Bowles, co-chairman of the deficit commission, outlined proposals Wednesday.
.Some important interest groups were sharply critical, particularly over curbs on entitlement spending.
The plans authors "just told working Americans to 'Drop Dead,"' said AFL-CIO president Richard Trumka. "Especially in these tough economic times, it is unconscionable to be proposing cuts to the critical economic lifelines for working people, Social Security and Medicare."
The conservative Americans for Tax Reform also blasted the plan.
"It confirms what everyone has known—this commission is merely an excuse to raise net taxes on the American people," the group said in a written statement. Supporting the plan would violate the group's no-new-taxes pledge, which many Republicans and some Democrats in Congress have signed, it warned.