Barack Obama To Take Voluntary Paycut Per ABC News

03 Apr 2013 14:00 #1 by FredHayek
In a mark of solidarity with furloughed federal workers, the POTUS will give back about $20,000 back to the US Treasury, 5%.

Very good of the President to do this when so many Americans are seeing high unemployment and reduced hours.

Thomas Sowell: There are no solutions, just trade-offs.

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03 Apr 2013 14:17 #2 by Rick

Apr 29, 2010 – Obama: “I do think at a certain point you've made enough money” ...


I'm pretty sure that if Obama donated his entire salary to the IRS, he would still have plenty of money and would make his class warfare argument a little more credible.

The left is angry because they are now being judged by the content of their character and not by the color of their skin.

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03 Apr 2013 19:22 #3 by otisptoadwater
Obama Sequesters Himself to Prove the Wrong Point



This is not to imply that the president shouldn't demonstrate some unity with those who've been furloughed or lost work because of the blind slashing the sequestration prompted. People like Jeff Maryak, profiled by BuzzFeed, who is considering re-enlisting to make ends meet after a 27 percent pay cut. People like those who've lost access to critical public services as government employees have been told to stay at home. Obama should certainly show that he understands how the cuts — which he signed into law — are hurting people across the country.

But a 5 percent pay cut is stupid. The New York Times reports that the amount was meant to "approximate the level of automatic spending cuts to non-defense federal agencies that took effect" at the beginning of March. (Obama's pay cut is retroactive to that date and runs through the end of the year, so he's forgoing 4.2 percent of his 2013.) For Obama, who makes a federally mandated $400,000 a year, he's losing $16,667 this year. For a worker earning minimum wage, Obama's pay cut is $1,500 more than they'll earn this year.

Read more: http://www.theatlanticwire.com/politics/2013/04/obama-sequesters-himself-prove-wrong-point/63851/

A truly foolish and stupid gesture but, will the sheep fall for it? "We" re-elected Barry... :smackshead:

I can explain it to you but I can't understand it for you.

"Any man who thinks he can be happy and prosperous by letting the Government take care of him; better take a closer look at the American Indian." - Henry Ford

Corruptissima re publica plurimae leges; When the Republic is at its most corrupt the laws are most numerous. - Publius Cornelius Tacitus

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04 Apr 2013 23:00 #4 by Jekyll
I think it was cool that he gave up some money. Stepped up to the proverbial plate, no? I'll bash other things. Don't really have much else to say about it.

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