3 Reasons Public Sector Employees are Killing the Economy
As unemployment stubbornly sticks near 10 percent and any sort of economic recovery seems a long way off, think about this: The one part of the economy that’s going gangbusters is government work. Indeed, since the Great Recession started in December 2007, over 8 million jobs have been lost in the private sector while the public sector has added at least 100000 positions. It’s time to recognize that public-sector employment is killing the economy for at least three reasons: 1. They cost too much. As USA Today recently noted, federal employees make on average almost 00 more than their private-sector counterparts. When you add in benefits, the gap spreads to about 000. State and local government workers make around the same as private-sector counterparts, but their health and retirement packages mean they make significantly more in the end. 2. We can’t fire them. The private sector has shed positions in response to slackening demand and the economic downturn. That sort of adjustment is painful but necessary, as it allows the economy to adjust to changing circumstances and workers and employers to move into new activities. Because it is guaranteed certain amounts of tax revenue and has a non-market mind-set, the public sector is largely insulated from such forces and keeps or even adds workers despite changed conditions. The result? We keep paying for things that we don’t use, need, or want. 3. They create a permanent lobby for expanded government and higher taxes …
Why do we need so many cops and firemen? Firemen spend most of their time cooking spaghetti. They’re rarely needed for fires and, hell, I can put out a friggin’ fire.
And as far as cops go, they have a much harder job than the firemen (most people aren’t shotting at firemen) and they make less money, too.
That said, if we declared open season on every gang banger, there would be no gangs in about a month, the crime rate would plummet and we could cut the number of cops by 70%.
California has a $500,000,000,000 unfunded pension debt.
That’s five hundred billion dollars.
That’s half a TRILLION dollars. To people who are no longer working.
Thank you Jerry (Moonbeam) Brown for state worker unions.
No one to blame for this except the left. They can’t weasle out of it. They’re the ones in control. They’re the ones making the promises.
Too bad we’re the dummies falling for it.
Well, except me. I never fell for it..
Yeah! Fire Teachers Cops and Firefighters. WOoo…
California State Employee Unions and Utilities have bankrupted California.
The U.S. is not a democratic Republic.
Interesting comments, but the Public Sector rules, and there is nothing….absolutely nothing….that is going to change that fact. So all this rant is but a waste of time and breath.
Like any parasite, they feed upon the host until it dies, at which point, they look for a new host to suck the life out of, this IS the public sector and their unions. Only question is, once you guys bleed the companies that actually turn the profit that pay for your juicy benefits dry, who will you go after next?
Unions are TAX jobs given to HIGH SCHOOL DROPOUTS. The OBAMA stimulus package was just a big UNION KICKBACK because states are all bankrupt & cannot payout their UNION salaries, pensions, & exorbitant benefits. STATES are bankrupt because of HIGH TAXES – that is why we have no real job growth, and the recession is getting worse. GREECE & SPAIN is bankrupt due to these social welfare UNIONs, now California & the rest of the USA is next. UNION tax jobs are not the kind of job growth we need!
Dont forget that these public employees will also receive a healthy pension with benefits too.
How will an economy be able to sustain itself when the biggest employer is government, federal, state, local. By raising taxes and passing legislation to curb business expansion because it will encroach on government territory.
Dont steal, the government doesnt like competition.
I can see this…not sure if I agree, but I can see it.
Get rid of the Department of Education. #1 Smarter children. #2 Cheaper for private sector citizens. #3 Teachers will make an honest living.
we can eliminate the private sector nationalize all industry
@ouluvme2 Nothing about Lieberman is from a Libertarian perspective. It’s quite clear to me that you don’t even know what a Libertarian is. Since you’re having a difficult time relating to someone of a higher intellect than you I’ll come down to your level: fuck off – you’re a presumptuous moron. Good night.
@capitalismforever Lieberman is a Libertarian too! But he’s supporting a bill with Kerry right now to tax you and me for on the environment! So, you might be as fooled as Lieberman! I don’t know. I only go off the retarded words you said originally! You’re the child that hasn’t answered any of my questions but directed me to somewhere else! Sounds liberal to me! I’m the best thing you’ve got! A friend who cares about bringing you into the light! You will be forgiven!
@orangedac RIGHT ON! Please inform mister Capitalismforever on this site!
@ouluvme2 Again, your writings are only taking up space and offering very little in substance. You share a very common disjointedness as the average thinker: a presumptuous state of being. There isn’t a liberal bone in my body. I’ve been a Libertarian for as long as I’ve been in business. I make the average Republican look like a Democrat. Now, go away from me. You have the mind of a child and I don’t find you interesting in the least.
@capitalismforever And I got all the time in the world, bc I care for you! I won’t you to get it my friend! Don’t be swayed by the Haffas with a cigar! Stand up! Be strong and fight for your tax dollars! You do pay tax, don’t you?
@capitalismforever LOL! So, question mister Capitalismforever… You support unions or not? If yes. You’ll show your confused state! If not, then you will show your confused state – UPS is a union, if you didn’t know.
@capitalismforever What? Not positve? And now your deflecting our attention away from the issue of this freaking video, unions and the like, and how they are ruining our economy? Check out Pension Buyouts…! I can’t keep up with your liberal figure eights man! But nevermind, you do have a nice name!
@ouluvme2 Looks like you’re more interested in having an online fight. My suggestion, go fight with someone who knows you and who actually gives two shits concerning what comes out of your mouth. You exhibit an irrational incipience that is superfluous to me.
@ouluvme2 My original comments, in which you are referring to, had absolutely nothing to do with a union. Re-read my statements. My references to UPS and FedEx had nothing to do with whether they were unionized entities or not.
@capitalismforever read again, my jumpy friend! lol. I said, GOVT and the UNIONS are equally retarded! The Unions and the Govts are in bed together! So, a comment about the minimum wage? Where do we go with that? Nowhere! The government is way too big in our lives! But, perhaps you might need them, and I won’t elaborate on that one! night night!
@capitalismforever Then in part I stand corrected, but when someone makes a favorable comment, (YOU), about the unions in light of this financial crash, then my naive deductive reasoning had you in a UPS truck, if not, then great. We’re half way there, now just realize the incompetence and the tolls that union officials are exploiting on their own at the cost of the Non Union taxpayer! Good day it will be!
@ouluvme2 Furthermore, if you’re so “anti-union”, which I couldn’t care less if you are or not, you should recognize that the largest “union” that has ever existed is the U.S. Government. Who in the hell do you think it is that sets the minimum wage standard? That, my friend, is no different than what the teamsters or any other union does.
@ouluvme2 I have no idea what you are saying because it isn’t relevant nor applicable to me. I am a self-employed individual and have been for nearly 20 years. I have neither been a union member nor do I or have I ever supported a unionized work force. Therefore, you are engaging in what is commonly referred to as “talking out of your ass”. Good day sir.