Discover Family, Famous People & Events, Throughout History!

Throughout History

Advanced Search

Publication: European Stars and Stripes Friday, February 3, 1978

You are currently viewing page 9 of: European Stars and Stripes Friday, February 3, 1978

   European Stars And Stripes (Newspaper) - February 3, 1978, Darmstadt, Hesse                                Art Buchwald february 1976 the stars and stripes Page 11 Washington i guess the wont about living in Washington is How a person becomes about was demonstrated once again last when president Carters new budget free Day the figures were i i into Doubleday at class a bar d did you hear that Carters lean and int1 budget a Fol be i no said 1 get it would be somewhere around but that Means were going to have a Bulton Well you cant make an Omelette Wilh t cracking some he what exactly does that mean 1 beats but people always says that a new budget do you i that in to Flat Federal budget hit 1100 billion and eve prone was shocked and then it doubled i an to now its gone Over e half a trillion Dollar ill Timit if you Call n a half trillion it Cwb Doubleday Bat Why it you say  like eve Rybo Ydse and let it go at that t it seems like so much thes Doubleday took a handful of How do you know its a lot Money what do you How do i know have you Ever seen a billion dollars i Ive Oever seen a billion i dont think anyone has Ever seen a billion so How do you know if its a lot or a Little he it sounds t said Doubleday it sounds like a lot so you automatically think its a lets Lake f 100 billion As opposed to which would be More Hundred Blu Lon of if you never seen a Blu Lon How would you know the difference Between f 100 billion and Otto billion Doubleday he was starting to get me youd know because Button would have to be bigger than you would think said but 1 have a once a thing reaches a billion it no longer has any size to since no one has Ever seen a billion dollars they cannot positively state smaller than 2 they can Only surmise what Are you driving at i wanted to said there is no sense getting exd lot when you find out the fiscal budget is going to be 1500 a billion Here or a Button there Doest make that much t always u you cant see it cant Hurt i guess youre i told i  let the word Bulion Bug Roe so would you like to buy me a Beer i would like be sail but u costs letters to the for revising retirement pay plan there is no question that personnel costs attributed to retirement pay Are currently absorbing a disproportionate share of de sense spending and there is no longer a question As to the eventual revamping of the entire present pension the Central question what de for substantial cutbacks in retirement allocation presumably to Channel these resources into other personnel or hard Ware programs and still financially real tee a useful and beneficial retirement a presidential composed of ugh Ranung and highly paid academic and government of appears on the threshold of floating a deferred retirement pension plan before Congress which would withhold substantive retirement benefits until age since the 20year Active duty Mark is reached by the vast majority of officers and enlisted personnel Between the Ages of 3 and simple mathematics reflect a minimum 10year waiting period prior to realization of maximum retirement Bene this plan presupposes that military reminder Bomi them Mthm Nubi tin Sun Fri it fail 11 1 what Are you being so cheap about you just said a billion dollars didst bather it Doest but when you have to pay for a Glass of u gives you some thing to think ail to the eater must full printed and address of the Aid neat be Utt aged let writers a a changed to he lode a a Ftp min info aaa eco Osny ene Cury ii they desire a Tut became to the Lam Weltme to Mau Lus Ottana receives letters that an Briet u us have a better Chance of bpm Csc Lulu i in try ii of pm i main unit hit personnel wish to leave the armed forces at 20 years and subsequently the Job Market can readily absorb this 40ish Man Power category this May not be a factual by All one gleans from the news papers and the Job Market currently is particularly for this specific age for the it longer a to Eatlo of Competition for the Job it now becomes a matter of a second Point at Contention which re quires further clarification and Examina Tion is retain acuity of per Amine after it the of is a hierarchical shaped like a which releases personnel at various Steps in their career patterns or stiffen from promotion almost explicit in our up or our system is a 19year plateau which releases service Pereo Onel at this Point tonsure some gain from it is my Persona belief that Many who retire years would not do so if further promotion potential the Man in his 40s at this stage in his career must make a decision based on his future pro motion potential and the opportunities that exist for a Job if he la forced to leave the service before the 30year retirement Pla this plus a deferred retire ment offers Little Security and places the squeeze of the service member who must now face hot Only a completely new environment but also must fight secure a relatively comfortable Standard of living for his an argument now runs that service members receive sufficient pay to make them economically competitive with their Civ Ean that a bit hard to but even if u were the this pay increase Bat manifested itself Only Over the last seven personnel with 11 or Mon Yean of service will Well Recap the Low pay Scales to be compensated for by substantial retirement benefits that have not permitted service members to build for a Sec we financial future at an Earty this consideration must be fully addressed it a deferred pension plan is to be favourably i cannot provide toe presidential com Rottee plethora of options to the plan but care should be taken to insure that u is thoroughly thought through is acted upon will not set on a Chain of Wenta that web directly Impact on future recruit ment and retain Buty of the professional service now As always have been the Backbone of Ibe armed pones and therefore the defense of the keep up with the news delivery Good morning we Wpm Start 1 turn must Nikii hoc tip Homo Twu a mtg mom Ott Nett amt take advantage of the stars stripes Home delivery service in most government housing delivered to your Mailbox every morning for a please Complete this form and Moil to stars 09175 Attru soles promotion  
Browse Articles by Decade:
  • Decade