Obama The CEO Is Now Just As Offensive As The Irresponsible Bank CEOs

Posted: November 10, 2010 in Technology and Business
Obama — essentially the CEO of a money-losing government — is rewarding government employees?!
*  Federal workers earning double their private counterparts:  Federal civil servants earned average pay and benefits of $123,049 in 2009 while private workers made $61,051 in total compensation, according to the Bureau of Economic Analysis. The data are the latest available.
*  The number of federal workers earning $150,000 or more a year has doubled since President Obama took office.
And — check this — Obama is still planning on giving a 1.4% across-the-board pay raise to 2.1 million federal workers.
This kind of thing boils my blood.  As a shareholder (taxpayer), Obama should be fired for this kind of irresponsibility. 
If Obama wants to keep his job, he should — like we in the private sector have had to do:
(1)  Fire 10% of the government workers
(2)  Cut salaries by 10% until the country starts producing surpluses again
(3)  Cut exec salaries by 20%
This is what you have to do when the proverial shit has hit the wall.
If Obama doesn’t want to do these things, he should resign and let someone more responsible take over.

Comments are closed.