Faced with the worst unemployment in decades, a continuing recession and a federal deficit that is breaking records even before counting the costs of the Iraq war and reconstruction our elected leaders have taken swift action in raising their own salaries.
WASHINGTON (AP)—The House on Thursday approved a 2.2% pay raise for Congress—slightly less than average wage increases in private business but enough to boost lawmakers’ annual salaries to about $158,000 next year.
It must be nice to be able to give yourself raises like that. I bet I’d be earning $158,000 a year by now if I could just haul off and give myself a raise every year. Hell, in the two and a half years I’ve been working for The Automotive CompanyTM I’ve not received a single raise, though they did cut everyone’s pay by 7% across the board a little more than a year after I started working there. Now word has it there’s another across the board pay cut of up to 10% about to happen to all “agency” (read: contractors) in the near future.
That would take my pay down a total of 17% since I started working there. What a great reward after being shoved into a new job role I didn’t want without a pay raise. Here, have more work and greater responsibility and we’ll say “thanks” by cutting your salary by another 10%!
No wonder their stock is in the toilet. Guess I’ll be polishing up that old resume a little sooner than I had anticipated. :X