Summer Vacation

Governor Brown’s solution to the California spending problem is to reduce state employees’ work week to 4 days. Great, everyone gets three day weekends. But they only get paid 5% less. Now there’s a deal I’d not need any time to think about. Unbelievable.

My solution would be to reduce any amount paid over $50K by 50%. Then anyone still paid over $100K, reduce the amount over $100K by another 50%. So $50K or less would still be $50K or less, $100K would be $75K, $200K would be $112.5K, and so forth except for an absolute cap of $500K (this would get the UC brass who are paid millions, for example, who would still be overpaid after the above procedure. If you don’t like it, go find a job in the private sector.

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Comments

  • Jim  On May 15, 2012 at 2:03 am

    4 work days but 38 hours of total work, so a 5% pay cut is appropriate.

    http://www.latimes.com/news/local/la-me-state-budget-20120515,0,1532582.story

  • r  On May 15, 2012 at 4:46 am

    CA is Greece, but in a better situation because Obama will most likely want to bail out CA using US debt that can be borrowed at only 2% for a 10 Y note.

    The question is – if we continue to not pass a budget for the next 4 years, does Obama have the authority to bail out CA? Once CA receives cash, I assume other states will want their take.

    This sounds similar to Obama’s home borrowers’ debt relief program.

  • reality  On May 15, 2012 at 5:42 am

    38 hours of work? Do you really think state employees will put in a 9 1/2 hour day?

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