More of me … oh my‼️

3 comments

  1. You think politicians think it through with all the hidden costs? Considering total compensation, federal employees are not underpaid. Besides, who is paying the bill? Taxpayers with a lot less and few with a defined benefit pension.

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    1. If anything, they overthink it. CBO, GAO, NBER, yadda, yadda, yadda…

      That’s how you end up with people believing that tax rate cuts increase total revenue.*

      “Considering total compensation”, it’s the Goldilocks syndrome; some federal employees are overpaid, some are underpaid, some are “just right”. You can take them for granted, but they do have other options. Relatively few public workers are career employees, they are mostly private sector workers occupying one of many jobs they will cycle through in their careers.

      ” I was looking for a job when I found this one
      Don’t need the work like you need the work done”

      Most taxpayers with “a lot less” pay no tax at all, many even net negative tax.

      * Spoiler alert, it is —possible—, under specific circumstances.

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  2. New to Twitter (today). Signed up for Truth Social weeks ago, out of curiosity; finally was actually allowed on a couple of days ago.

    It’s hard to follow, don’t see how either can be useful, or, sometimes, even comprehendible.

    Re: “5.1% Federal Pay Raise in 2023”
    No concern over the ability to attract and retain a qualified workforce?
    Or are we assuming Federal workers are already overpaid?*
    I guarantee the government, and private observers, do consider increased pension and benefit costs, as well as compounding consequences, but like most economic analyses,. no two will agree.

    *Spoiler alert: Some are. Some are not. Five different studies by
    1. Government
    2. Conservative think tanks
    3. Liberal think tanks

    Will yield six (literally) different results.

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