Congress Votes for a Raise

[yyz]

$174,000 a year is tough to live on for these overpriced mud slingers. They want a 3.8% raise. The hue and cry is that they haven't had a raise since 2009, and their buying power has dropped 31% figuring for inflation.

I would guess that the 31% adjustment probably affects the guy making $7.25 minimum wage a lot harder. They haven't had a raise since 2009, either.

And when the folks in DC make those 2 trillion dollars in cuts to the budget, it won't be them getting squeezed.

 

[RAYMOND]

agree with yyz

 

[Revolutionary Intentions]

Yes sir its absolutely horrendous. These people are scumbags. It will take outsiders to change the direction of gov't. Should be an interesting next 18-20 months. The equity market joy ride is at its end, so the inflation related squeeze will "hurt" more as folks see their retirement accounts shrink. I look forward to the growth spurred by massive deregulation, but am prepared for a bumpy ride. Will be interesting to compare year over year spending and revenue from '24 to '25 and '26. If DJT isnt able to convonce congress to reduce spending dramatically I will feel he failed.