Shows & Panels
- The 2014 Big Picture on Cyber Security
- AFCEA Answers
- Ask the CIO
- Building the Hybrid Cloud
- Connected Government: How to Build and Procure Network Services for the Future
- Continuing Diagnostics and Mitigation: Discussion of Progress and Next Steps
- Federal Executive Forum
- Federal Tech Talk
- The Intersection: Where Technology Meets Transformation
- Maximizing ROI Through Data Center Consolidation
- Moving to the Cloud. What's the best approach for me
- Navigating Tough Choices in Government Cloud Computing
- The New Generation of Database
- Satellite Communications: Acquiring SATCOM in Tight Times
- Targeting Advanced Threats: Proven Methods from Detection through Remediation
- Transformative Technology: Desktop Virtualization in Government
- Value of Health IT
Shows & Panels
Feds and middle-class workers
Thursday - 6/26/2014, 2:00am EDT
Middle class workers represent the largest number of jobs in the country. Feds are no different than middle-class workers in many ways. The value of their wages are being diminished over time. They have relatively no union protections. And health benefits are taking more out of their pockets. They are beginning to follow a pattern not much different than that of service workers, like those at Walmart.
Each year, new federal hires are offered a poorer benefits package and must work longer in order to reach retirement. Those joining the federal workforce since 1984 have gone from a defined-benefit retirement to a defined-contribution situation. That means, what is defined is how much you contribute, but you have no idea what you can count on in retirement. Ain't it great?
And it seems things are getting worse day after day. We, as a nation, are moving to retirement packages of Social Security plus whatever people can stuff into the crapshoot known as the stock market. There was a recent issuance from the government that said in order to get a maximum Social Security benefit, you will now have to wait until you are 70. Waiting until you are 70 will get you maybe $30K a year. Not much money in this day and age. Feds have gotten no more money (well 1 percent in five years) while health care, food, gasoline and electricity rise, and the value of their houses has been cut in half. Yet, we are being told there is no inflation.
Some groups are doing better than others. For instance, the Congress is allowed access to insider trading information. (How long would it take to become rich if you had that info?) Last year, hedge-fund managers, 25 of them, made $21 billion (with a capital "B"). That's more than twice the combined salaries of all the kindergarten teachers in the nation. Traders make their money because of tax advantages. And they spend their wealth to influence our leaders that they deserve it. The wealth of the top 1 percent has increased 400 percent since 1970, while that of the middle class has dropped 6 percent for the same period of time.
In the last ten years, the morale of the federal workforce has deteriorated, posing a gigantic problem that is being largely ignored. Those who would try to rein in government power from within — whistleblowers — if they are smart and in touch with reality, should always fear retribution. Power corrupts; absolute power corrupts absolutely.
While all kinds of hot-button issues swirl around us like a lack of good jobs, adequate and affordable health care or wellbeing in retirement, we as a nation seem incapable of changing anything for the common good or, even worse, recognizing what the common good is anymore. So, we anesthetize ourselves with the pleasures of Western culture and think "Life is Good." — Dave A.
NEARLY USELESS FACTOID
People in the United States on average use about 50 percent more toilet paper per person than other Western countries "primarily due to the reluctance of Americans to adopt water washing systems like bidets."
(Source: Today I Found Out)
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