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peterb.
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February 24, 2009 at 8:36 AM #353755February 24, 2009 at 8:39 AM #353160
garysears
ParticipantWhat part of social security am I not paying as a federal government employee? I pay roughly 1/3 of my federal taxes in social security every month. Also, show me any federal employee getting a 6% pay raise every year.
In lean times it seems like government is the good place to be employed. But in good times the compensation upside is limited by that same job security and fixed pay scale. Where were all the gripes about government pay when the stock market was making all time highs and the easy money was flowing?
February 24, 2009 at 8:39 AM #353471ParticipantWhat part of social security am I not paying as a federal government employee? I pay roughly 1/3 of my federal taxes in social security every month. Also, show me any federal employee getting a 6% pay raise every year.
In lean times it seems like government is the good place to be employed. But in good times the compensation upside is limited by that same job security and fixed pay scale. Where were all the gripes about government pay when the stock market was making all time highs and the easy money was flowing?
February 24, 2009 at 8:39 AM #353604ParticipantWhat part of social security am I not paying as a federal government employee? I pay roughly 1/3 of my federal taxes in social security every month. Also, show me any federal employee getting a 6% pay raise every year.
In lean times it seems like government is the good place to be employed. But in good times the compensation upside is limited by that same job security and fixed pay scale. Where were all the gripes about government pay when the stock market was making all time highs and the easy money was flowing?
February 24, 2009 at 8:39 AM #353635ParticipantWhat part of social security am I not paying as a federal government employee? I pay roughly 1/3 of my federal taxes in social security every month. Also, show me any federal employee getting a 6% pay raise every year.
In lean times it seems like government is the good place to be employed. But in good times the compensation upside is limited by that same job security and fixed pay scale. Where were all the gripes about government pay when the stock market was making all time highs and the easy money was flowing?
February 24, 2009 at 8:39 AM #353740ParticipantWhat part of social security am I not paying as a federal government employee? I pay roughly 1/3 of my federal taxes in social security every month. Also, show me any federal employee getting a 6% pay raise every year.
In lean times it seems like government is the good place to be employed. But in good times the compensation upside is limited by that same job security and fixed pay scale. Where were all the gripes about government pay when the stock market was making all time highs and the easy money was flowing?
February 24, 2009 at 9:30 AM #353240sdduuuude
ParticipantReally, we need people to stop expecting prices to come down before they start purchasing things again. We don’t necessarily need inflation for a recovery, though.
Actually, two things will really bring on a recovery. First, prices need to come down to affordable levels, then start to creep back up just a little. This way, people can afford the things they need, and justify the purchase because they can say “the price will be higher later.”
I believe it was Rich who said the Fed doesn’t really manage inflation, they manage inflation expectations. This is why.
Good question.
February 24, 2009 at 9:30 AM #353550ParticipantReally, we need people to stop expecting prices to come down before they start purchasing things again. We don’t necessarily need inflation for a recovery, though.
Actually, two things will really bring on a recovery. First, prices need to come down to affordable levels, then start to creep back up just a little. This way, people can afford the things they need, and justify the purchase because they can say “the price will be higher later.”
I believe it was Rich who said the Fed doesn’t really manage inflation, they manage inflation expectations. This is why.
Good question.
February 24, 2009 at 9:30 AM #353684ParticipantReally, we need people to stop expecting prices to come down before they start purchasing things again. We don’t necessarily need inflation for a recovery, though.
Actually, two things will really bring on a recovery. First, prices need to come down to affordable levels, then start to creep back up just a little. This way, people can afford the things they need, and justify the purchase because they can say “the price will be higher later.”
I believe it was Rich who said the Fed doesn’t really manage inflation, they manage inflation expectations. This is why.
Good question.
February 24, 2009 at 9:30 AM #353715ParticipantReally, we need people to stop expecting prices to come down before they start purchasing things again. We don’t necessarily need inflation for a recovery, though.
Actually, two things will really bring on a recovery. First, prices need to come down to affordable levels, then start to creep back up just a little. This way, people can afford the things they need, and justify the purchase because they can say “the price will be higher later.”
I believe it was Rich who said the Fed doesn’t really manage inflation, they manage inflation expectations. This is why.
Good question.
February 24, 2009 at 9:30 AM #353819ParticipantReally, we need people to stop expecting prices to come down before they start purchasing things again. We don’t necessarily need inflation for a recovery, though.
Actually, two things will really bring on a recovery. First, prices need to come down to affordable levels, then start to creep back up just a little. This way, people can afford the things they need, and justify the purchase because they can say “the price will be higher later.”
I believe it was Rich who said the Fed doesn’t really manage inflation, they manage inflation expectations. This is why.
Good question.
February 24, 2009 at 9:52 AM #353286Nor-LA-SD-guy
Participant[quote=garysears]What part of social security am I not paying as a federal government employee? I pay roughly 1/3 of my federal taxes in social security every month. Also, show me any federal employee getting a 6% pay raise every year.
In lean times it seems like government is the good place to be employed. But in good times the compensation upside is limited by that same job security and fixed pay scale. Where were all the gripes about government pay when the stock market was making all time highs and the easy money was flowing?[/quote]
Ask your pay/personal department if you can opt out of SS Tax,
Most Fed and local employee opt not to pay this tax .
And yes I should join them someday…
6% is what the SS tax is if you are employed by someone.
Supply and demand…. hmmm I wish that worked for fire department and etc…
What about privatizing the Fire department they do it with Libraries etc…
February 24, 2009 at 9:52 AM #353596Participant[quote=garysears]What part of social security am I not paying as a federal government employee? I pay roughly 1/3 of my federal taxes in social security every month. Also, show me any federal employee getting a 6% pay raise every year.
In lean times it seems like government is the good place to be employed. But in good times the compensation upside is limited by that same job security and fixed pay scale. Where were all the gripes about government pay when the stock market was making all time highs and the easy money was flowing?[/quote]
Ask your pay/personal department if you can opt out of SS Tax,
Most Fed and local employee opt not to pay this tax .
And yes I should join them someday…
6% is what the SS tax is if you are employed by someone.
Supply and demand…. hmmm I wish that worked for fire department and etc…
What about privatizing the Fire department they do it with Libraries etc…
February 24, 2009 at 9:52 AM #353731Participant[quote=garysears]What part of social security am I not paying as a federal government employee? I pay roughly 1/3 of my federal taxes in social security every month. Also, show me any federal employee getting a 6% pay raise every year.
In lean times it seems like government is the good place to be employed. But in good times the compensation upside is limited by that same job security and fixed pay scale. Where were all the gripes about government pay when the stock market was making all time highs and the easy money was flowing?[/quote]
Ask your pay/personal department if you can opt out of SS Tax,
Most Fed and local employee opt not to pay this tax .
And yes I should join them someday…
6% is what the SS tax is if you are employed by someone.
Supply and demand…. hmmm I wish that worked for fire department and etc…
What about privatizing the Fire department they do it with Libraries etc…
February 24, 2009 at 9:52 AM #353762Participant[quote=garysears]What part of social security am I not paying as a federal government employee? I pay roughly 1/3 of my federal taxes in social security every month. Also, show me any federal employee getting a 6% pay raise every year.
In lean times it seems like government is the good place to be employed. But in good times the compensation upside is limited by that same job security and fixed pay scale. Where were all the gripes about government pay when the stock market was making all time highs and the easy money was flowing?[/quote]
Ask your pay/personal department if you can opt out of SS Tax,
Most Fed and local employee opt not to pay this tax .
And yes I should join them someday…
6% is what the SS tax is if you are employed by someone.
Supply and demand…. hmmm I wish that worked for fire department and etc…
What about privatizing the Fire department they do it with Libraries etc…
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