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Post by Rich Fisher on Jan 21, 2009 16:00:57 GMT -4
It looks like the appointees won't be moving up the pay ladder as quickly as they have done in the past:
President Obama is having a productive first day in office. Shortly before swearing in the new White House staff, Obama announced he was freezing the salaries of staffers making 100-thousand dollars or more a year. He also announced new rules that crack down on lobbyists and government employees. Obama is expected to meet with his economic team to discuss options for saving the struggling financial system, including the creation of a so-called "bad bank" that could buy up toxic assets.
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Post by RobMoore on Jan 21, 2009 17:09:22 GMT -4
A "feel good" move from the party famous for them. Staff salaries aren't even enough to form a drop in the proverbial bucket, but it is enough to discourage quality people from taking the job in lieu of making more money in the private sector. The desire to "do it for your country" only fills so much gap between those two potential salaries.
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