Federal Pay Raises

The chart below shows how much of a raise Federal Workers should have received each year based on Inflation.  In 2012 the raise should have been 3.1% and for 2013 it should be 1.5% based on current numbers. 

Does your Department Waste Money?

I would truly like to here from individuals about waste in their departments.  It's hard to explain to Federal Employees that they haven't received a raise in 3 years while their office is remodeled costing thousands of dollars.  

Food Stamps Usage continues to Rise

Based on the latest data from SNAP, 15% of Americans are now on Food Stamps.  This is a 100% increase since 2003.  If the economy is doing so well then why does food stamp usage continue to rise.  This continues to be a disturbing trend.  For example of food stamp usage were to rise another 100% in the next 10 years that would mean 30% of Americans (over 100 million people) would be using them.

 

Ask Obama and Romney how they are going to Handle Disability Insurance?

The data in the chart below is taken from CBO's baseline scenario involving Disability Insurance through 2022.  Notice the Trust Fund is forecast to run our of money by then end of 2015 and it could be even sooner if the CBO baseline scenario is overly optimistic .  Thus the government will have to find at least 160 billion dollars to fund Disability Insurance in 2016 and a whopping 1.28 Trillion Dollars through 2022 based on this baseline scenario.   So Mr. Obama and Mr. Romney how are you going to handle this problem?

Rapidly approaching Debt Ceiling

The new numbers are in for the month of September and we are now only 235 billion from hitting the Debt Ceiling which was set at 16.394 Trillion last year.  Based on the current run rate we should reach the Debt Ceiling by late November at the latest.

What is wrong with society

High Schools in New York City are giving out morning after pills and other birth control drugs to students as young as 14.  This is nuts. 

Ross Perot is Right

There was a recent interview with Ross Perot.  He said if the US didn't get it's financial house in order that another country would eventually control the US.  I agree 100% with this statement.  My guess would be it won't be a single country but will end up being a combination of Oil Rich nations of the Middle East.  The day of reckoning is much closer than most believe and will likely occur before 2020.  We still have time to avoid a fiscal disaster like is occurring in Europe but time is quickly running out..