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Federal Pay Cut Analysis

November 29, 2010 12:55 PM | 4 Comments
Today, President Obama proposed a freeze on federal pay for specific workers for a period of two years and we are left wondering why. After all, the President has said repeatedly that we need the public sector to get the economy "back on track" because the private sector cannot.

So if we cut spending in the public sector or at least cancel scheduled increases, does this mean we are acknowledging that the private sector is better equipped to get the economy moving?

Or is this move just a ploy to take steam away from Republicans who will be taking control of the House and pushing massive cost-cuts. We believe that Obama has not found religion on the issue and is trying to reduce the amount of credit the Republicans will get for future cost-cutting in the next election.

Moreover, he will now be able to make it seem like he cares about deficits and being fiscally responsible.

We hope of course that we are wrong and that Obama has decided to become fiscally conservative but this would not be consistent with the plurality of his speeches and actions.

But from a political standpoint, it is a smart move.

In the mean time, it is worth reading two recent articles in the USA Today on government versus private sector compensation. One discusses how many government workers make over $150,000 per year and the other discusses how federal wages and benefits are double what they are in the private sector.

Based on this information, wouldn't it make sense to announce federal pay cuts - not just a freeze?
Continue Reading...

Democrats Compete to Kill Most Jobs

November 22, 2010 8:18 AM
And they wonder why companies are moving to Switzerland

The detachment of US politicians never ceases to amaze us - they blab on and on about made-up class divisions and talk endlessly about how wealthy need to pay their "fair share" - all the while never focusing on reality which is, anyone with the drive and ambition in the US can make it to the top and become wealthy.

The greatest irony of all of course is hearing about manufactured class divisions from President Obama - a minority who went from having a single parent and living on food stamps to Harvard and the Presidency - while becoming a millionaire!

And as if this were not not enough, each year, poor people from around the world escape their own countries to come to the US and many quickly become millionaires as well. And generally with immigrants, English is not their first language - putting them at a major disadvantage.

Instead of celebrating the hundreds of millions of people who have been pulled out of poverty worldwide because of the current US quasi-capitalist system and trying to help everyone make it to the top, leading Democrats like Pelosi, Reid and Barney Frank have continued their war on the productive job creators of this nation through policies, threats and speeches. Let us not forget Hillary Clinton who believes that no matter how much US tax payers shell out - it is not enough - and she says we need to emulate Brazil of all places. One wonders if the Democrats have a secret competition going on between them to see who can destroy the most jobs for their citizens.



Should anyone be surprised that after pumping trillions of dollars borrowed from other countries into our economy, it is not producing many if any jobs? Continue Reading...

Good News? Feds Waste Only $125B

November 17, 2010 6:29 AM
Hope, Change, Waste...

Larger government = more waste.

Hope + Change = Bankruptcy Filings up 11%

November 16, 2010 9:47 AM
The hope and change over a million people got this year was bankruptcy - and while Rome burned, President Obama and Queen Pelosi fiddled with healthcare. All the while, 11% more people went bankrupt this year over last. The good news is if these poor people can survive, living on the streets for the next few years, they will be able to have a government-paid trip to the doctor.

Might we suggest that next time we shouldn't be swayed to vote based on a one-word campaign sign or bumper sticker but instead find candidates who have some real-world experience fixing problems and can do more than read a teleprompter with enthusiasm.
Last night we wrote about how the White House and Democrats in general are purposely pursuing policies which will kill jobs by raising taxes on small business owners. Congressman Paul Ryan explains on CNBC that not only are the Democrats raising taxes on job creators, they are being very nuanced with the facts  - inaccurately explaining that the tax increases will not kill jobs.

You see Democrats will tell you that only 2% of filers are affected by the tax increases - but what they don't say is it is half the income of small business will be hit with this tax increase! You see, the way the tax rules are set up, if you sell something on eBay and report it, you are considered a small business. That is why this argument is so divisive and why many on the left are able to twist the facts to their advanatage - knowing full well, they will be killing US jobs by raising taxes on small business owners.



While we attributed what the Democrats are doing to purposely killing jobs to increase government dependency - since government dependents generally vote Democrat. Congressman Ryan takes a slightly different view when saying, "Class warfare is effective politics because it prays into the emotions of fear and envy, but its really bad economics."

During the healtchcare debate where the White House said they would be trying to work with Republicans, Congressman Ryan explained to President Obama that the American people don't want Obamacare in its present form and he went on to say that Obama was not listening to the people. Continue Reading...

Pelosi to Win

November 14, 2010 8:38 PM
It looks like Nancy Pelosi will win as House party minority leader - this can't be good news for anyone as the speaker has shown her main strength is spending copius amounts of money the country doesn't have. Perhaps we shouldn't complain too much as her other strength is getting conservative Republicans and Tea Party candidates elected.
Doug Schoen and Patrick Caddell at the Washington Post - explain why Obama should not run in 2012 and instead focus on the problems of the country and getting them solved. The article points to his own statement: "I'd rather be a really good one-term president than a mediocre two-term president," and explains that he now has the chance to deliver on that idea by not focusing on the polarizing politics of reelection but instead on getting the economy going again.

There are some solid points in the piece, including:

Obama can restore the promise of the election by forging a government of national unity, welcoming business leaders, Republicans and independents into the fold. But if he is to bring Democrats and Republicans together, the president cannot be seen as an advocate of a particular party, but as somebody who stands above politics, seeking to forge consensus. And yes, the United States will need nothing short of consensus if we are to reduce the deficit and get spending under control, to name but one issue.

Continue Reading...
If Obamacare is so good then why are there 111 waivers granted and why is this information being hidden from the public? Moreover, why is it only the large companies and unions getting these waivers while medium and small businesses are stuck with it?



Perhaps we should rename it Disastercare?

Here are some groups getting waivers:

  • Cigna
  • Local 802 Musicians Health Fund
  • Star Tek
  • Regis Corporation
  • Carlson Restaurants
  • Jack in The Box
  • Cracker Barrel
  • Aetna
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