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Monday, February 15, 2016

Hello cruel world: You earn what you’re worth

Four trillion dollars. It’s a lot of money no matter how you look at it. Only a rich nation can break mankind’s spending records every year for years and years. In that $4 trillion the President is requesting from Congress for 2017, I’d like to ask: What should federal employees be paid?

If you ask them, a lot more than they’re getting now.

In that respect, they’re just like the rest of us; only the scale changes. The Alphabet board just handed Google’s CEO $199 million in stock. By one reckoning, the CEO of McDonald’s makes the equivalent of $9,247 per hour. The CEO of Starbucks — the McDonald’s of coffee — collects more than $20 million in salary and stock in a good year. Trust me, those guys aren’t ashamed of asking for more and more from their boards. They probably have $500 per hour compensation specialists work it out for them.

Federal employees on Jan. 1 received a 1 percent raise, putting the average SES increase at a whopping, what, $1,700? $1,600? After taxes that’s enough to buy a curved TV set.

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2 comments:

Anonymous said...

Of course retirees are not entitled to any more of the money confiscated from them and their employers over a lifetime of working because the cost of gasoline went down. Not food, not taxes to pay these poor Federal Employees, not utilities given authority to raise rates, not clothing, not mere essentials; they all went up. But gasoline went down. Now the government can still keep using the confiscated monies to pay these souls.

Anonymous said...

Stop the crying , I haven't had a raise in 3 years , I can't get a job at 62 with a college education .