Obama's Staffing Wage-freeze
So I still haven’t heard Obama’s inauguration speech and I probably won’t bother to check it out. I heard it was very glib - intended to alleviate some of the pressure of expectation I'm sure. The day after his speech though, I did hear some clap-clap-hoorahs in and around the office over his “firm-footed” decision making after promising a wage-freeze on White House staffers making over $100k. According to an article published in the Washington Post, the freeze is expected to save the government ~$440k next year. Note: I only have a hard copy but I’m sure you can find the article on their website at washingtonpost.com
A savings of $440k…Whoop, whoop!
*more like clap-clap-clap THUD*.
Obviously Obama is trying to set a tone at the start of his administration by making an example of his own staff. Clap-clap-clap for Obama’s PR skills, but we already knew he led smoothly in that category anyway. What exactly does this accomplish? Nothing. Absolutely nothing. Nothing good anyway. I’m not balking over a government wage freeze, but hailing this move as a bold stroke from our new, fearless leader seems egregiously underserved, especially considering Bush already increased salaries via executive order on December 18th. DOH!
Did Obama forget to mention that? * Obama says, “My bad.” *
During Obama’s campaign, his economic plan for getting the country out of a recession was essentially government supply side economics. When private enterprise isn't able to stimulate the economy, the government steps in with new spending and government programs to keep money afloat and people in jobs until the country is out of recession. When that happens, government spending takes a backseat while the free market economy flourishes.
And so when government steps in with all these great things, where does the money come from? Tax payers..duh. And this of course, leads us to the conservative argument that increasing taxes during an economic recession is well, stupid.
To stimulate the economy, you want people to spend.
Nevertheless…I guess that just means that the extra taxes off the $440k we might have otherwise received to help pay for Obama’s spending programs, will not be coming from his high-seat government staffers – just everyone else.