The problem is we just got done with a huge spat regarding borrowing money to pay for things we can not afford on revenue. That included a default.
Can you even imagine the laughter in a board room full of private sector execs who just got done negotiating a refinance on the brink of bankruptcy, when "Stanley" turns the powerpoint presentation tab one notch and everyone see's he's planning to offer a 1% increase to all employees?
Serious.
No, no. SERIOUSLY
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Are you sure you're not thinking about the executives of Chase Bank (and others) deciding to pay them selves multi millions in bonus money after those same banks about bankrupted everybody?
They were spending tax money also. To pay themselves bonuses. After doing a real shitty job of managing their banks.
Now that was amazing.