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PolicyWonk 09-26-2015 07:28 PM

Per Diem should be government rates
 
If you decide the TA needs to be tidied up, I suggest that Per diem should be government rates. Do a search on that term and compare. Industry leading, perhaps, apart from UPS, but Industry lags Government. What a surprise.

Page 66 if you want a handhold.

In the conflagration between deflation and inflation, I'd like for as much protection of earning and spending power as possible. To link ourselves to government per diem is not much, but it is at least a small hedge on a small portion of our income. Think Weimar.

If we end up reaping the whirlwind, harvesting the wild oats our profligate central bankers have sown, we'll be glad that small portion of our income is hedged against inflation, because we'll be aligned with government workers and most corporate executives. And let me say straight up, I wish Fred a life that outlives my own. He's navigated these waters better than anyone I know of.

I've heard the excuses for why we don't have government rates and they don't pass muster.

So we get government rates. The same as the company lawyers when they meet with the mediator. Is that too much to expect when we are slogging it out on the road, dealing with threats aplenty night-in and night-out, interspersed with looking for some chow and the occasional ale and shoe shine?

Rumor has it, the company offered it in the past. But it was declined. I'll forgo the rationale for the rejection.

Again, only if you think this needs to be tidied up a bit.


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