Hidden disaster in new budget: Demonic plot to raid pensions [View all]

[mitty14u2]

Source: Salon

Hidden disaster in new budget: Demonic plot to raid pensions

What you won't hear about this new deal: Public workers will get eviscerated, to achieve "deficit reduction"

Pay freezes are just the beginning. In February, hundreds of thousands of federal workers were forced into unpaid furloughs in accordance with sequestration’s across-the-board budget cuts. In virtually every federal agency, workers had to take as many as 15 unpaid days off during the last fiscal year. Then, when the government shutdown occurred, workers were again sent home without knowing if they would ever get paid for the missed time. The lack of cash flow stressed workers and made it difficult to pay bills on time. Fortunately, Congress did provide back pay for the 6.6 million work days missed during the shutdown. However, that comes out of agency budgets, and workers have to still complete their tasks without the ability to hire additional personnel to make up the time.

The Federal Workers Alliance, a coalition of unions representing federal employees, estimated in a message to the budget negotiators that between the pay freeze and furloughs, federal employees have sacrificed $114 billion in pay cuts over the past three years, an average of over $50,000 per employee. Yet somehow, budget negotiators are going to the well again.

Read more: http://www.salon.com/2013/12/11/hidden_disaster_in_new_budget_demonic_assault_will_raid_pensions/

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PoliticusUSA

November 9, 2013

Natural Born Job Killers: Republicans Are Set to Kill 1 Million More Jobs in 2014

During eight years of the Bush administration, Republicans managed to squander a substantial budget surplus, wage two unnecessary and unfunded wars at a cost of $6 trillion over the next generation, and drove the country into a Great Recession. Along the way they destroyed Americans retirement savings, the housing industry, and successfully killed tens of millions of Americans’ jobs. For two short years after the Republican economic catastrophe ended, President Obama saved the economy, staunched job losses with a meager stimulus, and created millions of jobs and yet, by 2011 Republicans went against conventional economic wisdom and embarked on a job-killing austerity spree under the guise of reducing long term deficit they blew up during the Bush years. For the past three years, besides attacking women’s rights, Republicans have made killing jobs their raison d’être and according to a new report, their economic insanity will cost the nation immense long term economic damage.


http://www.politicususa.com/2013/11/09/natural-born-job-killers-republicans-set-kill-1-million-jobs-2014.html

Devastating the middle class jettisons the money to the top, Monopolies and Control takes the money and property to fewer and fewer every minute, Coup D’ Screw the Voters!