There is more than a bit of truth in this complaint.
U.S. governments at various levels employ millions of Americans in jobs that could be eliminated without compromising the ability of those governments to fulfill their legitimate functions. As much as I hate to say it, the DoD budget could be slashed by at least a third without compromising our abilityto defend ourselves. Why are we in Germany, Korea, or Okinawa? Why do we have hundreds of bases in the U.S. and around the world - bases that were thought necessary during the Cold War, but are utterly without value today. The ONLY reason they continue to exist is because the people who work there - military and civilian - cry crocodile tears to their respective Congresspersons any time their need is questioned, and somehow the closures are stopped.
Operation Head Start has been PROVEN to provide nothing more than expensive babysitting to poor children; any conceivable academic advantage is completely evaporated by the end of second grade. Yet it employs tens of thousands of child care workers (or whatever they are called), who would be unemployed if the program were stopped.
So trying to restore fiscal sanity at the Federal level would of necessity result in hundreds of thousands of government workers and military people and government contractors losing their jobs.
But there are two compelling reasons to do it: (1) we are BORROWING the money to pay them, and the American taxpayers will have to pay the direct costs as well as the interest costs over the coming years, and (2) the Federal Government HAS NO RIGHT TO SPEND MONEY on anything other than those functions that are outlined in the Constitution (Article I, Section 8), and to pay for those functions at the lowest possible cost.
The concept is "Fiscal Responsibility."
In other countries, where the government has cut its costs significantly (NOTE: "Austerity" in Europe is generally a myth; they are spending as much as ever, but TALKING ABOUT cutting back), the business community responds by making the kinds of investments that result in general prosperity and significant increases in private sector employment.
And let us not forget that PUBLIC SECTOR employment represents a COST to the society which must be repaid with interest, but PRIVATE SECTOR employment is a benefit to society that requires no "repayment."
To mention an axiom that is apropos: "When you find yourself in a hole, stop digging!" When your government is broke and going broker every day, you do what is necessary to stop borrowing more money.