To add insult to injury, the savings will in part be achieved by jobs cuts, but not immediately: "[T]he administration would [cut jobs] through attrition; that is, as people routinely leave their jobs over time." In other words, unnecessary duplicative jobs will only be eliminated as people voluntarily leave them. What kind of incentive is there to leave a job in which the workload is being shared by one or more other individuals who are apparently superfluous, particularly since public sector jobs routinely pay much better than comparable private sector positions?
Some are characterizing this proposal by the President as a "power grab." Nonsense. It's more like the bully who takes your lunch money flipping a nickel back to you as he walks away. And you're supposed to be grateful.
UPDATE: A couple of other ways to look at this:
- $3 billion over 10 years is $300 million. Since the US population is 307,000,000, it comes to $1 per person per year. The national debt is currently $53,000 per person.
- Again, $3 billion over 10 years is $300 million/year. The government currently spends $300 million every 42 minutes.