Yesterday President Obama proposed a two-year pay freeze for most of the 1.9 million federal employees. Since this proposal (which exempts military personnel, though some argue it shouldn't) comes with a jump in health insurance premiums and a drop in transit subsidies the freeze would, if approved by Congress, in effect represent a pay cut for many. All to save roughly $1 billion a year, when the deficit is expected to top $1 trillion.

You can guess how well this is going over with those who would be taking the hit. "That's why Obama's ratings are below [ex-President George W.] Bush's," one Social Security employee in Manhattan told the Daily News "and that's hard to be unless you're Osama Bin Laden." The same woman also explained that though she'd voted for Obama, she wouldn't again. Ouch.