Reply to What do all these people driving new Range Rovers do for a living?

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Reply to "What do all these people driving new Range Rovers do for a living?"

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[quote=Anonymous][quote=Anonymous]What it says is that we as a nation are completely bankrupt, Fed salaries and benefits is all money we're all paying - or more accurately, money our children will be paying via their repayment to the long-term bondholders (Chinese and other sovereigns etc) who are advancing us this money today to pay our Feds their 2.8% raise.  If you think about it, a Fed employee is feeding their child today with the child's own money that they will earn when they grow up.

The main way out of this mess is for the tax base to increase at a rate that outpaces the Fed expenditures, so that we can start to rebalance the balance sheet.  If you want to extrapolate that to say that private sector comp should be better than public sector comp, I guess you could in a sense.

I would gladly trade my S series for a Honda, double my current vacation time, and a pension.  But not by putting that bill at the feet of my children, so I drive a nice car instead.[/quote]

Um, the people getting these expensive comped cars aren't Feds! These are the 1% from law and private industry.What the heck are you thinking?[/quote]

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