Who Thinks $78K Is Less Than $43K? Obama Does!

Posted: February 12, 2014 in Business, Farros, Royal, Technology and Business
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Obama has, or soon will, sign into law a raise in the minimum wage for federal workers.

Apparently, no one told the President that this is ENTIRELY UNNECESSARY… because the average federal employee salary of $78,467 is already FAR MORE than the average U.S. per capita income of $42,693.  (“I’m the boss, need the info!”, right?)

(This isn’t the first time he’s pulled this irresponsible maneuverhere’s my post when he did something like this back in 2010.)

The White House issued this statement:

     “It will also improve the value that taxpayers are getting from the federal government’s investment. Studies show that boosting low wages will reduce turnover and absenteeism, while also boosting morale and improving the incentives for workers, leading to higher productivity overall.”

Really?  On what planet do those economics work?  Lucky us, we’re all going to pay these employees more to continue working less.

Completely and utterly unproductive spending.  The worst kind.

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