They will. On average red states are the ones hoovering up government benefits and will be hardest hit but the recession. But they’re stupid so they won’t learn from it. |
Any fed made good money. They should have investments to ride through the layoff, change career, or retire unless they upgraded their life and got used to the new one. I invested my money on very low income, at times below minimum wage pay, and don't give a hoot about being laid off. That feds can get my minimum wage job and do what I did - invest some money and retired early. Surely someone eligible to a Fed job has the skills. I never had stability at work - no contract, no benefits, rarely on time checks, checks that bounced, checks that were short, no punch in machine, no breaks in 10-12 hour shift, no holidays, no paid training, money sharing if an employee was added. On a fed income, it would have taken only few years to invest into financial freedom unless some emergency wiped it all out. Many chose not to do that. It's a choice most often than not. I never had a chance to rely on my employer. Feds clearly learned to rely on theirs and here we are. |
Nope. Most of the entitlement money going to red states is in the form of social security. What you stated is a liberal talking point. Unless you expect social security to go away, this will not affect red states like you wish. Simply more retirees live in red states. |
A lot of assumptions there. I've been working between a GS-11/13 and while I've managed to put away a decent amount in retirement - its not like I'm rolling in money or other investments. Yes I will make things work if I get laid off but it will not be great. I am maybe five years from retirement so hopefully it all works out. |
Did you have a family? Or was it just you? Did you live in a LCOL area? Because that makes a huge difference. Raising a family in the DC area on a fed salary is not easy. $600,000 for a middling townhouse in an area with middling schools. It's not like there is excess to save. |
| Definitely depressed. |
NM, DC, ME are top hooverers these days. |
Have you looked at the GS payscale? A GS9 step 1 makes 51k/year. Since when is that rolling in money. |
Don’t feed the troll. |
I regret to inform you that most people have to rely on having a job. I'm sorry you got used to not getting paid on time and "money sharing" (???) but that's not normal, nor should it be. |
Source? |
If Kamala would have won, then Rs would be depressed b/c of promised tax increases. I seriously doubt Elon does anything, he will get board and move on to something else. The only possibility I see is eligible Feds get scared and retire early, in mass. And then there will be a shortage. |
That begs the question: if being a Fed is as great as you seem to think it is, why aren't you a Fed? |
Not a Fed, but have lots Family and friends. Must be pretty good, b/c they never leave until retirement, where they start pulling that rock solid pension w/health insurance. Think of the amount of capital it would take to generate 100K pension (guaranteed by the US Treasury) plus health insurance and a lot of other stuff I don’t even know about. Being a Fed is the best. |
Then why haven't you tried to become a Fed if it's so great? |