The way that I see it, if one uses past situations as a template, whenever the government gets in over it's head financially, the following occurs:
- Step 1: Hiring Freeze. This usually occurs about 1 year after the government realizes that it screwed up..So this should be happening around fourth quarter 2009.
- Step 2: A year of flailing around fruitlessly, at the end of which they offer early out retirements to reduce headcount. Lets say around first of the year 2011.
- Step 3: A year or so of threatened reductions in force (RIF) to send the weak scurrying for the exits, followed by RIF at the end of the year. So in this timeline the government will be laying off beginning 2012.
The consensus was that I was mad, no one wanted to believe for a minute that they, invulnerable Fed employees, would ever be subjected to such treatment.
I won't ever mention again that fed workers are constrained by the same laws of economics as the rest of the world. It would appear that such talk is simply in bad taste.