President Obama announced today that Federal employees would not get a pay increase for the next two years. The President called Federal Employees, “patriots who love their country.” Nice words, which is just what working people have come to expect from this president, who can help Wall Street, but not Main Street. Yeah, I know about his tax cut and the half-baked health care reform.
This move will save only $5 billion over two years, which will do nothing to cut the deficit. It will only mean that government employees will have to sacrifice so the President can win points with the Republicans. The most talented federal workers will probably move to the private sector where they will be better paid. This move is another example of what President Obama has done best since coming to office: Disappoint.