4:32 am, July 13, 2014

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  • COLA or CLIF?
    CincinnatiWageGrade
    The COLA was designed to keep one's lifestyle constant, but the chained CPI factors in a compounding loss. It should not be called a Cost of Living Adjustment. The chained CPI results in a compounding loss and thus it should be known as the CLIF: Compounding Loss Index Formula. Or, maybe it should be an acronym based on Loss In Equivalency Adjustment: the LIE-A.
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • Bullseye on our backs
    wareagle83
    Mike, It should be obvious now that the President sees Federals workers as targets.
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  • Targets.......
    Big Joe
    I think he views us more like a garden snake. No one likes snakes but there is a mice problem so he has to keep us around. If he could figure out to get rid of us and the mice he would, but for now our job is to tend to the mice and his job is to remind us we are snakes and make our life as miserable as possible...all while ensuring we are not so miserable that we stop tending to the mice but reminded daily that we are really not wanted....
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  • WHAT?
    Sleepless G
    LOL!
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  • What people won't realize
    contrarian
    Is that Dems control the Senate and White House. No FedEmp can get hammered without their consent. But relax, like RadarTech says, we can take comfort in the Palestinians getting another $500 Million. Looks like the FedEmp unions got rolled and they are in big time damage control trying to blame the Repubs, or "it could be worse." BS.
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  • it is definitely the radical right GOP
    Moderate
    Actually, it is the GOP that is controlling here. The Dems may have a majority in the Senate, but not a filibuster proof majority. The GOP loves to filibuster something it does not like and does so frequently. So, the Dems do not have control of the Senate. The GOP has control of the House. Since the GOP loves brinksmanship, the Dems has given in too much to the GOP radical right.
    worker
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • Really?
    Sideline Commentator
    So the Prez proposes a change to the chained-CPI, but it's the fault of the radical right GOP. Well alrighty then...
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  • Your distortions are real
    Moderate
    Obama has been pushed into a corner on this issue. The GOP has pushed for cuts and nothing will pass unless they get their way. The GOP has pushed for much worse burdens on feds than Obama has given. Examples are a 5 year pay freeze, 5 % increase in contributions to your pension plan, and other "niceties. And who originally brought up chained CPI?
    worker
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • Two thoughts
    RussMK
    1. 90% of th debt was wrung up since baby boomers came of age absolutely they should pay its down and not leave it to their and grand kids even if they have to give up pensions and social security to do so. 2. The average tax payer doesn't have a pension, less than 14 % of Americans do, why should public servants who provide services to this e citizens have gold plated retirements beyond those of their "bosses"? Sequestration is wrong but the fact gov salaries for 86% of professions are 50% above, or higher than private sector equivalent means Feds are already dramatically overpaid and benefitted, enough with the free handouts
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  • Two Thoughts or Two Insults
    FederalEmployee
    I will leave it to others to respond to "Two Thoughts". However, I will give a few thoughts of my own: 1. I have arthritis and it hurts. It's not fair that I suffer from this while others do not. Everyone should have arthritis just like me (of course I am not serious - just making a point). 2. The average salary of an emergency room doctor in my city is $222,836. The most an emergency room physician can make at the VA hospital in my area as a VM 15 Step 10 is $155,500. I could go through many of the government professions - economist, accountant, nuclear physicist, nurse, and perform the same salary comparison and I can guarantee that the private sector pays more than the government. 3. If your veteran-son was dying of a brain tumor, would you chose an underpaid government physician to operate on his brain, or a well-paid private-sector physician? 4. I could have chosen to not go to college or trade school. I could have chosen to be a hamburger flipper. Instead, I chose to put myself through college in order to have a profession, good pay (albiet far less than what I could make in the private sector), and bebefits customarily associated with said profession.
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • Response to 2 Thoughts re Feds Being Overpaid
    Stack Rat
    RussMk: What is your source for "the fact gov salaries for 86% of professions are 50% above, or higher than private sector equivalent"? If one were to refer to the January 2012 Congressional Budget Office (CBO) report on federal pay, it is clear that your assertion has no basis in reality. According to the CBO report, "federal workers tend to be older, more educated, and more concentrated in professional occupations than private-sector worker." The report goes on to say "federal workers with a professional degree or doctorate earned about 23 percent less, on average, than their private-sector counterparts." For those with a Master's degree, according to the bar graph provided in the report, the private sector pay is slightly better, but the federal benefits are slightly better. Federal employees with no more than a high school education earned 21 percent more than the private sector, but that comes nowhere near your 50% or more claim. Given that the report was issued more than a year ago, and the federal pay freeze continues in effect, no doubt there is an even greater gap between what feds with Master's and doctorates degrees earn and their counterparts in the private sector.
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  • To Russ
    Moderate
    You must spell check as your comments make no sense.Us baby boomers have paid into social security. Benefits were lowered during our time. Why should we give it up? And we also pay into our pension plans. Why should we give that up. That is part of our employment package. Therefore, looking now we appear to have "gold plated plans because private industry has stuck it to their regular employees. Of course these regular employees get better compensation than we do if you compare the skill levels. Our "handouts" are earned.-------Please improve your writing skills.
    worker
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • COLA
    marien
    What a total insult to retirees. So, we can eat gristle instead of meat? Start buying up tarpaper so when we replace our roofs it can be tarpaper instead of shingles? Look for a junker used car to buy when the old car completely dies, or better still, don't have a car. Who will want to get to the polls to vote by then anyway? This is a turncoat administration now that thousands of us put thousands of hours into getting Obama reelected. It would be so much worse under Romney, in many ways, but the least Obama can do is support seniors, federal workers and retirees the way he "promised" (choke) in the campaign. The Republicans under Bush caused the market to crash; they caused the housing market to crash; they LIED to the entire world, especially Americans, about WMD in Iraq. They spent hundreds of billions of dollars on a war they lied to get us into. Off budget so Americans wouldn't know how much they were really borrowing. Halliburton made millions and millions on non-competed contracts. Still is. And, retired federal workers and other retirees, including millions of veterans, are being asked to pay for it via the chained computation?
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  • Supplemental Budget, Not Off Budget
    ben
    The wars were in a supplemental budget, not off budget. This allowed easier identification of war expenses, not obfuscation. That said, a raise in excise taxes should have been made to pay for the supplemental.
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  • No need for supplements
    Moderate
    Then the war costs should have been budgetted like everything else.
    worker
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  • A supplemental budget is part of the total budget.
    ben
    As I stated.
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  • Why supplemental?
    Moderate
    It was not part of the original budget? Why?
    worker
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  • "a raise in excise taxes should have been made to pay for the supplemental."?
    FERS Fed
    But they weren't, were they? ..... Remind us again what the Bush Administration did not once but twice about taxes.
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  • You mean increase
    ben
    revenue ($4.8 trillion) over the past 8 years, when the economy was doing well for the first few years of the Clinton administration -- the largest increase in history. Yes, that was quite an accomplishment. Meanwhile, what has Obama done to slow or decrease service upon the nation debt ($450 billion as of FY12 and growing).
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  • Response
    Moderate
    He is trying to get us out of the Bush and the Republicans Depression. If he succeeds we will have more tax revenue, more employment for the middle class, etc instead of just for the wealthy like your GOP friends.
    worker
    { "Agree":"1","Funny":"1","Insightful":"1","Disagree":"-1","Offensive":"-1","Troll":"-1" }
  • COMA
    vetdude
    The Cost of Living Adjustment was designed to keep pace with inflation. It looks good on paper, but, ask any retiree, federal or civilian, and the truth is that any COLA one receives merely pays for the "automatic" hike in Medicare. Welcome to COMA (Cost of Medicare Adjustment). Maybe the President should take a closer look at his own housekeeping, like sending his daughter to the Bahamas on two jets to accomodate her 12 friends and 25 Secret Service agents at a cost of ovr $160,000 on the taxpayers' dime, or hosting lavish "Memphis Blues" parties at the the taxpayer-funded White House, instead of sticking it to his fellow federal workers every chance he gets.
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  • How do you know
    Moderate
    How do you know what was paid for with taxpayer money and what was paid for with Obama's money?
    worker
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