Federal Workers Earning More Than Those Paying Their Salaries

By: Daniel Horowitz (Diary)  |  January 31st at 06:47 AM  | 

Remember Obama’s two-year salary freeze he imposed on federal workers?  Well, as part of his FY 2013 budget, Obama plans to end the pay freeze and offer salary increases to federal workers.  It is in this context that CBO published a report showing that federal workers still earn more than their counterparts in the private sector. While it is clear that many federal workers (but not | Read More »

Time And Reality Are Rhode Island’s Deadly Enemies

By: Repair_Man_Jack (Diary)  |  October 24th at 01:30 PM  | 

Time waits for no one, no favours has he Time waits for no one, and he won’t wait for me – The Rolling Stones (HT:Sing365.com) If mathematics were as linear as the passage of time, Rhode Island would have a public pension inconvenience. This sadly does not hold true. Interest on borrowed money increases debt in an exponential fashion. The promises made to older working | Read More »