Trump cancels pay raises for federal employees - It's a BAD Economy NOW

[sealybobo]

They aren’t liberals. Same way klansmen aren’t classic conservative

Who is “they”?

I just got laid by a 25 year old woman. They are whoever you want them to be.

Hookers usually will be who you pay them to be.

Hey now that’s my girlfriend. Are girlfriends fair game but wives aren’t?

You are paying for her, it’s all good.

Do you have a woman? You’re probably paying for her too.

I help her out but not nearly what you think. She’s the cheapest and best girlfriend I ever had. Seriously.

 

[Papageorgio]

Who is “they”?

I just got laid by a 25 year old woman. They are whoever you want them to be.

Hookers usually will be who you pay them to be.

Hey now that’s my girlfriend. Are girlfriends fair game but wives aren’t?

You are paying for her, it’s all good.

Do you have a woman? You’re probably paying for her too.

I help her out but not nearly what you think. She’s the cheapest and best girlfriend I ever had. Seriously.

I have been married for 38 years and enjoy my life, sorry you think having a 25 year old makes you something special.

 

[sealybobo]

I just got laid by a 25 year old woman. They are whoever you want them to be.

Hookers usually will be who you pay them to be.

Hey now that’s my girlfriend. Are girlfriends fair game but wives aren’t?

You are paying for her, it’s all good.

Do you have a woman? You’re probably paying for her too.

I help her out but not nearly what you think. She’s the cheapest and best girlfriend I ever had. Seriously.

I have been married for 38 years and enjoy my life, sorry you think having a 25 year old makes you something special.

It does. I am in the best place of my life right now knock on wood

 

[Papageorgio]

Hookers usually will be who you pay them to be.

Hey now that’s my girlfriend. Are girlfriends fair game but wives aren’t?

You are paying for her, it’s all good.

Do you have a woman? You’re probably paying for her too.

I help her out but not nearly what you think. She’s the cheapest and best girlfriend I ever had. Seriously.

I have been married for 38 years and enjoy my life, sorry you think having a 25 year old makes you something special.

It does. I am in the best place of my life right now knock on wood

Good for you, so am I and I don’t care what the age of my wife is because our love isn’t superficial.

 

[Unkotare]

Hookers usually will be who you pay them to be.

Hey now that’s my girlfriend. Are girlfriends fair game but wives aren’t?

You are paying for her, it’s all good.

Do you have a woman? You’re probably paying for her too.

I help her out but not nearly what you think. She’s the cheapest and best girlfriend I ever had. Seriously.

I have been married for 38 years and enjoy my life, sorry you think having a 25 year old makes you something special.

It does. I am in the best place of my life right now knock on wood

That's what is so very, very sad.

 

[Asclepias]

(Flashback) Obama proposes two-year pay freeze for federal workers
Washington Post ^

President Obama on Monday announced a two-year pay freeze for most of the 1.9 million civilians who work for the federal government, as he tried to address concerns over a mushrooming deficit and placate Republicans who have targeted the workforce for big cuts.

"Getting this deficit under control is going to require some broad sacrifices, and that sacrifice must be shared by the employees of the federal government," Obama said in a White House speech. He called federal workers "patriots who love their country" and said the cut is not just "a line item on a federal ledger." But he said he is asking federal workers to sacrifice for the country as "they've always done."

(Excerpt) Read more at washingtonpost.com ...

Was this after the worst financial melt down since the great depression?

 

[Papageorgio]

(Flashback) Obama proposes two-year pay freeze for federal workers
Washington Post ^

President Obama on Monday announced a two-year pay freeze for most of the 1.9 million civilians who work for the federal government, as he tried to address concerns over a mushrooming deficit and placate Republicans who have targeted the workforce for big cuts.

"Getting this deficit under control is going to require some broad sacrifices, and that sacrifice must be shared by the employees of the federal government," Obama said in a White House speech. He called federal workers "patriots who love their country" and said the cut is not just "a line item on a federal ledger." But he said he is asking federal workers to sacrifice for the country as "they've always done."

(Excerpt) Read more at washingtonpost.com ...

Was this after the worst financial melt down since the great depression?

Yes, however we as a nation are still running at a deficit. We need to cut spending by some big margins and we need to raise taxes to make it work. Obama was correct then and Trump is correct now.

 

[Asclepias]

(Flashback) Obama proposes two-year pay freeze for federal workers
Washington Post ^

President Obama on Monday announced a two-year pay freeze for most of the 1.9 million civilians who work for the federal government, as he tried to address concerns over a mushrooming deficit and placate Republicans who have targeted the workforce for big cuts.

"Getting this deficit under control is going to require some broad sacrifices, and that sacrifice must be shared by the employees of the federal government," Obama said in a White House speech. He called federal workers "patriots who love their country" and said the cut is not just "a line item on a federal ledger." But he said he is asking federal workers to sacrifice for the country as "they've always done."

(Excerpt) Read more at washingtonpost.com ...

Was this after the worst financial melt down since the great depression?

Yes, however we as a nation are still running at a deficit. We need to cut spending by some big margins and we need to raise taxes to make it work. Obama was correct then and Trump is correct now.

Apples and oranges. Obama didnt do it because we were running at a deficit. He did it because americans were suffering. Now that Drumpf has inherited a revitalized economy from Obama he is just trying to penalize "those people". If you understood what the deficit implies you wouldnt even use that as an excuse. The US being in debt is nothing like a private citizen being in debt.

 

[airplanemechanic]

OMG Trump is doing something to help the deficit that the left has been bitching about and now they bitch about this. Really, what the fuck could Trump do to make you people happy besides just die?

 

[Asclepias]

OMG Trump is doing something to help the deficit that the left has been bitching about and now they bitch about this. Really, what the fuck could Trump do to make you people happy besides just die?

Its not the left that was bitching about the deficit. Its the right. They are the ones upset that Obama raised the deficit because most of the right are too ignorant to understand what the deficit is. Personally Drumpf could get caught in a transgender porno sting and that would make me happy.

 

[sealybobo]

(Flashback) Obama proposes two-year pay freeze for federal workers
Washington Post ^

President Obama on Monday announced a two-year pay freeze for most of the 1.9 million civilians who work for the federal government, as he tried to address concerns over a mushrooming deficit and placate Republicans who have targeted the workforce for big cuts.

"Getting this deficit under control is going to require some broad sacrifices, and that sacrifice must be shared by the employees of the federal government," Obama said in a White House speech. He called federal workers "patriots who love their country" and said the cut is not just "a line item on a federal ledger." But he said he is asking federal workers to sacrifice for the country as "they've always done."

(Excerpt) Read more at washingtonpost.com ...

Was this after the worst financial melt down since the great depression?

Yes, however we as a nation are still running at a deficit. We need to cut spending by some big margins and we need to raise taxes to make it work. Obama was correct then and Trump is correct now.

We need to raise taxes??? Then why did Trump cut taxes? Who's he going to raise taxes on?

I told you middle class and poor Republicans that if you give the rich tax breaks, you are ultimately shifting more of the tax burden on to yourselves. Now you are suggesting we need to raise YOUR and MY taxes? I knew it.

 

[Papageorgio]

(Flashback) Obama proposes two-year pay freeze for federal workers
Washington Post ^

President Obama on Monday announced a two-year pay freeze for most of the 1.9 million civilians who work for the federal government, as he tried to address concerns over a mushrooming deficit and placate Republicans who have targeted the workforce for big cuts.

"Getting this deficit under control is going to require some broad sacrifices, and that sacrifice must be shared by the employees of the federal government," Obama said in a White House speech. He called federal workers "patriots who love their country" and said the cut is not just "a line item on a federal ledger." But he said he is asking federal workers to sacrifice for the country as "they've always done."

(Excerpt) Read more at washingtonpost.com ...

Was this after the worst financial melt down since the great depression?

Yes, however we as a nation are still running at a deficit. We need to cut spending by some big margins and we need to raise taxes to make it work. Obama was correct then and Trump is correct now.

Apples and oranges. Obama didnt do it because we were running at a deficit. He did it because americans were suffering. Now that Drumpf has inherited a revitalized economy from Obama he is just trying to penalize "those people". If you understood what the deficit implies you wouldnt even use that as an excuse. The US being in debt is nothing like a private citizen being in debt.

We will be in trouble, we are not that far away and we will be wishing for 2008 over what is coming.

 

[Asclepias]

(Flashback) Obama proposes two-year pay freeze for federal workers
Washington Post ^

President Obama on Monday announced a two-year pay freeze for most of the 1.9 million civilians who work for the federal government, as he tried to address concerns over a mushrooming deficit and placate Republicans who have targeted the workforce for big cuts.

"Getting this deficit under control is going to require some broad sacrifices, and that sacrifice must be shared by the employees of the federal government," Obama said in a White House speech. He called federal workers "patriots who love their country" and said the cut is not just "a line item on a federal ledger." But he said he is asking federal workers to sacrifice for the country as "they've always done."

(Excerpt) Read more at washingtonpost.com ...

Was this after the worst financial melt down since the great depression?

Yes, however we as a nation are still running at a deficit. We need to cut spending by some big margins and we need to raise taxes to make it work. Obama was correct then and Trump is correct now.

Apples and oranges. Obama didnt do it because we were running at a deficit. He did it because americans were suffering. Now that Drumpf has inherited a revitalized economy from Obama he is just trying to penalize "those people". If you understood what the deficit implies you wouldnt even use that as an excuse. The US being in debt is nothing like a private citizen being in debt.

We will be in trouble, we are not that far away and we will be wishing for 2008 over what is coming.

What is going to happen and when is it going to happen? Nothing is going to happen because the US being in debt is not the same as some random citizen being in debt. At this level debt is a good thing.

 

[Papageorgio]

(Flashback) Obama proposes two-year pay freeze for federal workers
Washington Post ^

President Obama on Monday announced a two-year pay freeze for most of the 1.9 million civilians who work for the federal government, as he tried to address concerns over a mushrooming deficit and placate Republicans who have targeted the workforce for big cuts.

"Getting this deficit under control is going to require some broad sacrifices, and that sacrifice must be shared by the employees of the federal government," Obama said in a White House speech. He called federal workers "patriots who love their country" and said the cut is not just "a line item on a federal ledger." But he said he is asking federal workers to sacrifice for the country as "they've always done."

(Excerpt) Read more at washingtonpost.com ...

Was this after the worst financial melt down since the great depression?

Yes, however we as a nation are still running at a deficit. We need to cut spending by some big margins and we need to raise taxes to make it work. Obama was correct then and Trump is correct now.

We need to raise taxes??? Then why did Trump cut taxes? Who's he going to raise taxes on?

I told you middle class and poor Republicans that if you give the rich tax breaks, you are ultimately shifting more of the tax burden on to yourselves. Now you are suggesting we need to raise YOUR and MY taxes? I knew it.

I have been for cutting spending and raising taxes for years, i don’t know where you have been. This is not a new stance for me. Now go ask Trump why he cut taxes, why the hell are you asking me? I didn’t vote for or approve of his platform.

 

[sealybobo]

(Flashback) Obama proposes two-year pay freeze for federal workers
Washington Post ^

President Obama on Monday announced a two-year pay freeze for most of the 1.9 million civilians who work for the federal government, as he tried to address concerns over a mushrooming deficit and placate Republicans who have targeted the workforce for big cuts.

"Getting this deficit under control is going to require some broad sacrifices, and that sacrifice must be shared by the employees of the federal government," Obama said in a White House speech. He called federal workers "patriots who love their country" and said the cut is not just "a line item on a federal ledger." But he said he is asking federal workers to sacrifice for the country as "they've always done."

(Excerpt) Read more at washingtonpost.com ...

Was this after the worst financial melt down since the great depression?

Yes, however we as a nation are still running at a deficit. We need to cut spending by some big margins and we need to raise taxes to make it work. Obama was correct then and Trump is correct now.

Apples and oranges. Obama didnt do it because we were running at a deficit. He did it because americans were suffering. Now that Drumpf has inherited a revitalized economy from Obama he is just trying to penalize "those people". If you understood what the deficit implies you wouldnt even use that as an excuse. The US being in debt is nothing like a private citizen being in debt.

We will be in trouble, we are not that far away and we will be wishing for 2008 over what is coming.

What is going to happen and when is it going to happen? Nothing is going to happen because the US being in debt is not the same as some random citizen being in debt. At this level debt is a good thing.

Oh the republican policies cause booms and busts. Another bust is coming. It’s how the deal with things like inflation and the rich actually benefit from a bad economy. Buy low sell high.

And capitalism can’t grow forever especially fast big growth like trump wants. Obama was doing the right thing. Slow steady growth. Regulations on banks. Consumer protections.

These lower middle class Americans who vote republicans know not what they do. Ever since Reagan and bush the middle class has been disappearing and these fools blame Clinton and obama.

Today my republican buddy was going on and on how obama bent over for GE. GE pays no taxes he said because of obama. Stupid fuck froze when I asked him “then why did trump give corporations like GE tax breaks?”

 

[Papageorgio]

(Flashback) Obama proposes two-year pay freeze for federal workers
Washington Post ^

President Obama on Monday announced a two-year pay freeze for most of the 1.9 million civilians who work for the federal government, as he tried to address concerns over a mushrooming deficit and placate Republicans who have targeted the workforce for big cuts.

"Getting this deficit under control is going to require some broad sacrifices, and that sacrifice must be shared by the employees of the federal government," Obama said in a White House speech. He called federal workers "patriots who love their country" and said the cut is not just "a line item on a federal ledger." But he said he is asking federal workers to sacrifice for the country as "they've always done."

(Excerpt) Read more at washingtonpost.com ...

Was this after the worst financial melt down since the great depression?

Yes, however we as a nation are still running at a deficit. We need to cut spending by some big margins and we need to raise taxes to make it work. Obama was correct then and Trump is correct now.

Apples and oranges. Obama didnt do it because we were running at a deficit. He did it because americans were suffering. Now that Drumpf has inherited a revitalized economy from Obama he is just trying to penalize "those people". If you understood what the deficit implies you wouldnt even use that as an excuse. The US being in debt is nothing like a private citizen being in debt.

We will be in trouble, we are not that far away and we will be wishing for 2008 over what is coming.

What is going to happen and when is it going to happen? Nothing is going to happen because the US being in debt is not the same as some random citizen being in debt. At this level debt is a good thing.

As the national debt increases, the odds of the government defaulting on its debt Increases, This forces the Treasury Department to raise the yield on new treasury securities to attract new investors, this in turn reduces the tax revenue that is available for other government spending as more tax revenue will need to be paid on the interest of the national debt. Over time it will lower our standard of living as borrowing for projects and infrastructure becomes more difficult. As the treasury securities increase corporations in the US will be viewed as as a higher risk and this will increase the yield on new bonds, the corporations will then raise the price of their products to meet increased costs and result in inflation. As the yield increases the cost of borrowing money for a home purchase will increase because the mortgage rates are tied to short term interest rates the Fed sets and the yield on treasury securities, the increase of interest rates on homes will drive down the home prices because fewer people will be able to qualify for loans because the interest will raise the cost of a house payment and that in return will reduce the net worth of all homeowners.Yields on Treasury securities are considered risk free and more people will invest in them over risky investments such as corporate debt and equity investments will lose their appeal, this will increase growth in government and this in turn will reduce the private sector and reduce jobs and start ups. As the debt obligation grows the US will lose economic, political and social power and that in turn makes the national debt a security issue.

So we can expect higher interest, higher inflation, less government spending on infrastructure, more foreclosures, companies laying off employees, more government power, higher unemployment, less jobs, less opportunity and we aren’t that far away.

 

[Asclepias]

Was this after the worst financial melt down since the great depression?

Yes, however we as a nation are still running at a deficit. We need to cut spending by some big margins and we need to raise taxes to make it work. Obama was correct then and Trump is correct now.

Apples and oranges. Obama didnt do it because we were running at a deficit. He did it because americans were suffering. Now that Drumpf has inherited a revitalized economy from Obama he is just trying to penalize "those people". If you understood what the deficit implies you wouldnt even use that as an excuse. The US being in debt is nothing like a private citizen being in debt.

We will be in trouble, we are not that far away and we will be wishing for 2008 over what is coming.

What is going to happen and when is it going to happen? Nothing is going to happen because the US being in debt is not the same as some random citizen being in debt. At this level debt is a good thing.

As the national debt increases, the odds of the government defaulting on its debt Increases, This forces the Treasury Department to raise the yield on new treasury securities to attract new investors, this in turn reduces the tax revenue that is available for other government spending as more tax revenue will need to be paid on the interest of the national debt. Over time it will lower our standard of living as borrowing for projects and infrastructure becomes more difficult. As the treasury securities increase corporations in the US will be viewed as as a higher risk and this will increase the yield on new bonds, the corporations will then raise the price of their products to meet increased costs and result in inflation. As the yield increases the cost of borrowing money for a home purchase will increase because the mortgage rates are tied to short term interest rates the Fed sets and the yield on treasury securities, the increase of interest rates on homes will drive down the home prices because fewer people will be able to qualify for loans because the interest will raise the cost of a house payment and that in return will reduce the net worth of all homeowners.Yields on Treasury securities are considered risk free and more people will invest in them over risky investments such as corporate debt and equity investments will lose their appeal, this will increase growth in government and this in turn will reduce the private sector and reduce jobs and start ups. As the debt obligation grows the US will lose economic, political and social power and that in turn makes the national debt a security issue.

So we can expect higher interest, higher inflation, less government spending on infrastructure, more foreclosures, companies laying off employees, more government power, higher unemployment, less jobs, less opportunity and we aren’t that far away.

Thats a fair observation but you didnt answer my question about when this was going to occur. The national debt conversation is just a fear trigger for people that dont understand debt and the reason its used in todays world. It will continue to be used to trigger people that dont know what they are talking about. Government debt is a way to make more money. Its a complicated concept but if you understand the term fiat currency then you can start putting 2 and 2 together. Governments default on loans all the time and then they are issued new loans to pay the old loans. Interest is king. No one cares how big your debt is because the terms can be restructured to allow you to just pay the interest.