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« Isner | Main | Blitzkreig »

Sep 01, 2009

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Kim

Sounds just like a Republican "budget cut". A mere 2% pay raise, that's what I call sacrifice. Jerks!

justcorbly

There is no programmed automatic across the board annual pay boost for federal employees. At least, there wasn't when I punched out a few years ago. So, this is presumably a cut in this year's COLA. That's also odd, since the Social Security folks won't be getting any COLA. You know, recession means no inflation. (Of course, prices have increased. But, the drop in gasoline prices over the last year zeroes all that out.)

If memory serves, Reagan zapped the COLA entirely at least once.

Of course, if they were all stockbrokers, they'd be getting at least 6-figure bonuses.

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