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That is absolute bullshit!The salaries of government employees are paid by taxpayers. Government employees contribute nothing to the economy.
That is absolute bullshit!The salaries of government employees are paid by taxpayers. Government employees contribute nothing to the economy.
I worked on a DOE contract when I was 22 and I had a paycheck every two weeks for the next 4 years. And for those 4 years, I spent my paychecks on rent, food, clothing, gas, entertainment, bitches and ho's, bought a car and even loaned my mother a couple of bucks.
Now, how is "that" not contributing to the economy? You got the balls to explain that?
That is absolute bullshit!The salaries of government employees are paid by taxpayers. Government employees contribute nothing to the economy.
I worked on a DOE contract when I was 22 and I had a paycheck every two weeks for the next 4 years. And for those 4 years, I spent my paychecks on rent, food, clothing, gas, entertainment, bitches and ho's, bought a car and even loaned my mother a couple of bucks.
Now, how is "that" not contributing to the economy? You got the balls to explain that?
That is absolute bullshit!The salaries of government employees are paid by taxpayers. Government employees contribute nothing to the economy.
I worked on a DOE contract when I was 22 and I had a paycheck every two weeks for the next 4 years. And for those 4 years, I spent my paychecks on rent, food, clothing, gas, entertainment, bitches and ho's, bought a car and even loaned my mother a couple of bucks.
Now, how is "that" not contributing to the economy? You got the balls to explain that?
Here is an example for you.
If a community of 100 people all make 1000 a month the total money available for the economy is 100K a month.
Now lets say a government is formed and 10 people are hired to do some administrative work.
So now we have 110 people all making 1000 a month but 10000 of that must be taken from the 100 members of the private sector.
So we have 100 people now left with 90K a month to spend and 10 people with 10 K to spend.
There is no net gain in money available to the community. The same money is spread over more people.
That is absolute bullshit!The salaries of government employees are paid by taxpayers. Government employees contribute nothing to the economy.
I worked on a DOE contract when I was 22 and I had a paycheck every two weeks for the next 4 years. And for those 4 years, I spent my paychecks on rent, food, clothing, gas, entertainment, bitches and ho's, bought a car and even loaned my mother a couple of bucks.
Now, how is "that" not contributing to the economy? You got the balls to explain that?
Here is an example for you.
If a community of 100 people all make 1000 a month the total money available for the economy is 100K a month.
Now lets say a government is formed and 10 people are hired to do some administrative work.
So now we have 110 people all making 1000 a month but 10000 of that must be taken from the 100 members of the private sector.
So we have 100 people now left with 90K a month to spend and 10 people with 10 K to spend.
There is no net gain in money available to the community. The same money is spread over more people.
From where came the money to pay you, your rent, food, clothing, gas, entertainment, bitches and ho's, a car and to lend you mother?....That productive taxpayer working out in the real world, that's where.That is absolute bullshit!The salaries of government employees are paid by taxpayers. Government employees contribute nothing to the economy.
I worked on a DOE contract when I was 22 and I had a paycheck every two weeks for the next 4 years. And for those 4 years, I spent my paychecks on rent, food, clothing, gas, entertainment, bitches and ho's, bought a car and even loaned my mother a couple of bucks.
Now, how is "that" not contributing to the economy? You got the balls to explain that?
More: The Loss Of Government Jobs Is Holding Back The EconomyBy Bryce Covert
The jobs report out this morning was full of good news: unemployment fell to 7.5 percent as the economy added 165,000 jobs, while big upward revisions to the past two months jobs numbers were added. The private sector carried those figures, adding 176,000 jobs in April. Yet the number was dragged down by the loss of 11,000 public sector jobs.
This has been a steadily recurring trend with each monthly jobs report: even when the private sector adds a solid number of jobs, the overall figure is pulled down by losses in the public sector. 741,000 jobs have been lost in the government sector since the beginning of the recovery period in June 2009, with 89,000 gone since this time last year.
Overall, the government has shed 718,000 net jobs since President Obama took office. While often accused of bloating the government, the trends show exactly the opposite: Obama has overseen a sharp decline in public sector payrolls as compared to his predecessor President George W. Bush, as can be seen in this chart from Calculated Risk:
Calculated Risk: Public and Private Sector Payroll Jobs: Bush and Obama
Starving the Beast - NYTimes.com
The Unemployment Rate Would Be A Full Point Lower Without Public Sector Job Losses
It doesn't take an economics genius to know this is a real drag on the economy and recovery.
To be fair, Government must spend some moneys. But most should be at State and local level. It is the Federal Government that has grown too large and spends so much for so little gain......
Why is the OP a fail? Government (public sector) job losses are government (public sector) job losses. Obama has tried to stimulate the public sector but Congress keeps blocking him.
I thought that this was so obvious, that it hardly required any comment.
Of course a loss in consumption will trickle down.
By Bryce Covert
The jobs report out this morning was full of good news: unemployment fell to 7.5 percent as the economy added 165,000 jobs, while big upward revisions to the past two months jobs numbers were added. The private sector carried those figures, adding 176,000 jobs in April. Yet the number was dragged down by the loss of 11,000 public sector jobs.
This has been a steadily recurring trend with each monthly jobs report: even when the private sector adds a solid number of jobs, the overall figure is pulled down by losses in the public sector. 741,000 jobs have been lost in the government sector since the beginning of the recovery period in June 2009, with 89,000 gone since this time last year.
Overall, the government has shed 718,000 net jobs since President Obama took office. While often accused of bloating the government, the trends show exactly the opposite: Obama has overseen a sharp decline in public sector payrolls as compared to his predecessor President George W. Bush, as can be seen in this chart from Calculated Risk:
More: The Loss Of Government Jobs Is Holding Back The Economy
Calculated Risk: Public and Private Sector Payroll Jobs: Bush and Obama
Starving the Beast - NYTimes.com
The Unemployment Rate Would Be A Full Point Lower Without Public Sector Job Losses
It doesn't take an economics genius to know this is a real drag on the economy and recovery.
To be fair, Government must spend some moneys. But most should be at State and local level. It is the Federal Government that has grown too large and spends so much for so little gain......
To be fair, Government must spend some moneys. But most should be at State and local level. It is the Federal Government that has grown too large and spends so much for so little gain......
I don't find state or local governments to be significantly more efficient.
A middle class person would have to be retarded to vote republican.
A middle class person would have to be retarded to vote republican.
i live in California Junky.....please tell me how the Democrats govern so much better than the Republicans?....because were i sit they both suck....
A middle class person would have to be retarded to vote republican.
i live in California Junky.....please tell me how the Democrats govern so much better than the Republicans?....because were i sit they both suck....
Wasn't the recovery legislation passed by the Democratic House, the Democratic Senate and signed by the Democrat Obama? So how can Republicans be blamed for the outcome??