May 15, 2010

A LESSON FOR OBAMA FROM SPAIN: Cut federal salaries? Yes, we can. “Mr. Zapatero will now impose a 5-percent across-the-board reduction in government salaries. Ministers will take a more substantial, but mostly symbolic, 15-percent cut. More importantly, the government will freeze pension benefits and eliminate a number of non-essential benefits. A total of 13,000 unnecessary government employees will be cut loose.”

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