"Government is not the solution to our problem; government is the problem." ~ President Ronald Reagan first Inaugural address on January 20, 1981
I am a big fan of government focusing its areas of responsibility such as interstate commerce infrastructure, defense and foreign policy. I am skeptical when the government decides to "invest" in other areas.
First government doesn't seem to excel in its own areas of expertise or responsibility. For example, the article
Some federal agencies delinquent on payroll taxes reports 70 agencies had 126 delinquent accounts that owed $14 million. Also 18 agencies were behind in filing 39 employment tax returns. I would think the government should be able to get 100% compliance for its own tax rules from its own agencies. :-)
Second, I have personal, although short term, experience working in government. Let me just say that I was completely unimpressed.
Based on my experience, I wouldn't want the government interventions planned for health care. My
health insurance premiums have already risen a cumulative 36.9%. The next surprise will probably be worse service :-(
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Reflections and Musings, check back every Saturday for a new segment.
This is not financial advice. Please consult a professional advisor.
Copyright © 2012 Achievement Catalyst, LLC
1 comment:
With the county jobs, the only reason why they keep paying the highest 3 yrs or highest salary is to attract more staff. There is not many opportunities to do it, unless deliberately manipulated.
This practice - basing ones pension on the 3 highest years (typically last years)are normal in western europe - not only in public service but in private companies (with the final salary pension scheme). This is going away fast. There is a different life for new generation...
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