A follow up consequence of being banned from federal service for life, on August 5, 1981, President Ronald Reagan fired 11,345 members of what federal group were fired for illegally calling for a strike?
Presidency of Ronald Reagan in another attempt to curb inflation, setting off a stock market crash in October 1987 known as "Black Monday," but the markets stabilized and recovered in the following weeks. In August 1981, the Professional Air Traffic Controllers Organization (PATCO), which consisted of federal employees, voted to go on a labor strike in hopes of receiving better pay and benefits. After the vote, Reagan announced that the strikers would be fired if they did not return to work within forty-eight hours. After the deadline passed, Reagan fired over 10,000 air traffic controllers, while approximately 40 percent of the union members returned
Committee for a Responsible Federal Budget chairman of the Federal Reserve Carol Cox Wait, former President of CRFB David Walker, former U.S. Comptroller General and Director of GAO Joseph R. Wright, former Director of OMB under Ronald Reagan Committee for a Responsible Federal Budget The Committee for a Responsible Federal Budget (CRFB) is an independent, non-profit, bipartisan public policy organization based in Washington, D.C. that addresses federal budget and fiscal issues. It was founded in 1981 by former United States Representatives Robert Giaimo (D-CT) and Henry Bellmon (R-OK), and its board of directors includes former Members of Congress and directors of the Office of Management and