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Obama calls for federal employees to increase contributions to their retirement

Discussion in 'Current Events' started by Party Rooster, Sep 20, 2011.

  1. Party Rooster

    Party Rooster Unleash The Beast

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    Problem unions?

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  2. Voss's Tumor

    Voss's Tumor Banned

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    I applaud him for approaching a very politically nuclear position, but it's nowhere near enough.

    If he had gone 4% total over the next 5 years beginning in 2012, I would be fully supportive. 4% is still well below private sector today, and that stands to grow over the next few years as well.

    Like it or not Bush had a smart thing going with privatizing Social Security. Without doing that we're going to need to make it a norm to privatize your actual retirement. (like most intelligent people do anyway)

    Obama, more of the same?
     
  3. greensnacks

    greensnacks Registered User

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    The increase in contributions is needed, but will be spun as another tax on the middle class while the wealthy elite contribute less than the office secretary.
     

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