Posted on Nov 14, 2016
Trump's Victory Could Mean Bigger Pay Raises For Troops
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Posted 8 y ago
Responses: 12
My rule for armed forces pay raise is to match inflation. If they can manage to do that, I'm good.
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SGT (Join to see)
SrA Edward Vong - It was just a thought. I can afford to live our life without a COLA. A lot of disabled vets can't afford to not take a COLA raise. My last statement about the xceptions, means the government isn't going to ask who wants them and who doesn't. You're either going to get it or you're not. Unnerstand?
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SCPO (Join to see)
SGT (Join to see) When you say COLA are you referring to the extra pay added on top of your base pay?
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SGT (Join to see)
SCPO (Join to see) - No. I'm talking about a cost of living increase. I'm 100% disabled Veteran. I receive VA and SS disability.
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That would be nice as long as the prices of food and water don't also go up.
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SGT (Join to see)
SSG Shavonde Chase, I don't see price increases because there's no need for them. This past year and last year were good production years throughout the U.S.
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More of the Federal budget tends to go toward defense spending when Congress has a Republican majority and the president is a Republican. This always translates to a higher cost-of-living increase in military pay. The best example of this happened during the recession in the 1970s and the following decade. To stabilize the US economy, Democratic President Jimmy Carter suggested that the government and the private sector freeze wages. Military wages were frozen in 1978, but the private sector didn't follow suit. When cost-of-living increases did occur under Carter, they were negligible (less than 1% annually). With the election of Republican President Ronald Reagan in 1980, the military budget significantly increased, so cost-of-living increases in military pay were maximized. This held true for all of Reagan's eight years in office.
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SPC Jill Drushal, RN, MA
SGT (Join to see) - No problem. . . My husband was stationed in Germany when Carter froze military pay in 1978. Of course, it didn't affect the German economy. Before the freeze, the mark - dollar rate was 2.10 - 1. Living on the German economy, his rent was initially about $200/mo. After the freeze, the mark - dollar rate was 1.80 - 1. This caused his rent to increase to approximately $300/mo. It also increased the cost of utilities, fuel, German food, etc. Needless to say, servicemembers stationed overseas were pretty upset when Carter froze their wages. . . I enlisted in 1984 during the Reagan administration. We got a 6% cost-of-living increase each year. We didn't know what to do with ourselves. . . Regarding what the new administration might do, I've always taken a "wait-and-see" attitude. Any new president becomes privy to information that you and I don't know. It tends to be things that we don't really want to know.
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SGT (Join to see)
SPC Jill Drushal, RN, MA - The largest increase I can remember is 5%. That was the first year (1999) I was on VA and SS disability. I think the next year was 3%. I don't remember.
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SPC Jill Drushal, RN, MA
SGT (Join to see) - That's what I alluded to earlier. The maximum is 6%. Reagan was big on defense spending. Because he was President during the not-so-Cold War (1980-88), his big project was "Star Wars." He envisioned a satellite system that could spy on Communists anywhere in the world. After the Berlin Wall came down in 1989 and the Soviet Union fell in 1991 (during the first Bush administration), those satellites became the foundation for sat phones and GPS. (Of course, they're still used as spy satellites, too.). . . Reagan also believed in taking care of servicemembers and their families. Cost-of-living increases in base pay can be 0-6% annually. He made sure we got the entire 6% every year. It was like a second Christmas!
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SGT (Join to see)
SPC Jill Drushal, RN, MA - Maybe Trump will be that type of POTUS. It would be very nice to receive a good COLA but like I wrote earlier, 1% would be better than nothing.
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