Saturday, December 4, 2010

Obama proposes pay freeze

This article was in the Review Journal, but it is from the Washington Post. It states,
President Obama on Monday announced a two-year pay freeze for most of the 1.9 million civilians who work for the federal government, as he tried to address concerns over a mushrooming deficit and placate Republicans who have targeted the workforce for big cuts.

While I am against the federal government ordering pay freezes, since they are the employers, they have the right to determine the salaries of their employees. This is a very good idea.

The article also states,
The freeze, which must be approved by Congress, would be the first two-year halt to federal raises in modern history.

The private sector has had to deal with the economic slow down for several years. It is time that the federal government stops spending money that it doesn't have and starts to balance the expenses and income like the rest of us.

No comments:

Post a Comment