March 10, 2011


The “pay freeze” strategy

by Nori
Categories: Economics, Government, Politics
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What if you could do one thing that would encourage everyone in the pay of the government (well, except the President) to be very interested in balancing the budget?  What if you could freeze the pay (including social security payments, politician’s pay, government workers pay, everyone who gets a federal check) and benefits (no cost of living, no automatic raises, everything that is paid out in wages and compensation) until the government is again in the black and has a balanced budget.

How long do you think it would take to balance the budget if it impacted the pocket book of every government worker?

I would bet you dogs to donuts it wouldn’t take long.  And the longer it took, the closer the government pay would get to the mean public sector pay.  I see this as a win-win!