They revised downward the last two months by 110,000 jobs. That’s a lot of job losses. And this month… more than 1/3 of all jobs created where government jobs. That means two of us have to work to feed a third person! We’re all working to just pay for government! That’s terrible. We also lost 8,000 manufacturing jobs in June and they revised May to zero new manufacturing jobs. Unemployment rose to 4.1%. The U6 unemployment is at 7.4%!
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Thanks 0bidenenomics.
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The Biden campaign is hiring a meme manager.
The job entails recruiting content creators to make pro-Biden memes, with a salary of up to $85,000.
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thought this was a joke… nope its real life… a joke in a world we live…
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There was no way to cool the economy without cooling the economy. Job loss, business closures, etc., are necessary to curb inflation.
The problem is that no one will tell us the truth about what lies ahead. They will continue with the smoke and mirrors or they will tell us down is up and up is down.
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Curbing demand with intentional unemployment should be a crime punishable by death. When you have more people employed creating more products and more services… prices go down because supply goes up.
They way you curb inflation is to fire government employees (who produce nothing, and in fact compete for products and services with every rubber stamp they buy), and force them into the productive economy where they produce products and services. That decreases demand and increases supply… which is deflationary.
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Hope this helps add some color to the topic of public sector jobs.
List of common public sector jobs…
- Education
- Teachers (K-12, university professors)
- School administrators (principals, superintendents)
- School counselors
- Librarians
- Healthcare
- Public health nurses
- Doctors in public hospitals
- Healthcare administrators
- Environmental health officers
- Public Safety
- Police officers
- Firefighters
- Emergency medical technicians (EMTs)
- Correctional officers
- Government Administration
- City managers
- Policy analysts
- Clerks
- Human resources specialists
- Accountants
- Defense and Military
- Soldiers
- Military officers
- Civilian defense contractors
- Social Services
- Social workers
- Child welfare workers
- Housing officers
- Welfare eligibility workers
- Transportation
- Public transit operators (bus drivers, train conductors)
- Highway maintenance workers
- Air traffic controllers
- Public Utilities
- Water treatment plant operators
- Public works engineers
- Sanitation workers
- Judiciary and Legal Services
- Judges
- Prosecutors
- Public defenders
- Court clerks
- Research and Development
- Scientists working in government labs
- Researchers in public universities
- Regulatory Agencies
- Inspectors (food, health, safety)
- Auditors
- Compliance officers
- Environmental Services
- Park rangers
- Conservation officers
- Environmental scientists
- Legislative and Executive Roles
- Elected officials (mayors, governors, members of parliament/congress)
- Legislative aides
- Political advisors
Government employees as a percent of all employees, Jan 1960- Jun 2024…
I agree 100%, and that’s the real problem, too many jobs and not enough people to fill them, that’s why McDonalds has to pay a burger flipper $15.00 an hr to flip burgers.
Which makes the case for more immigration.
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There ya go, Ryan. Let’s start with the first on your list. Start by giving every child a full voucher. Great private schools would pop up across America to compete for that money. Our kids would be eating steak and lobster for lunch instead of that slop Michael Obama fed them. Force all schools to compete and they’ll pay the best teachers the most money to try attract those parents/kids/vouchers.
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I’m not opposed to vouchers I suppose. Can’t say I know enough about them to have a firm opinion. But nonetheless, the tax burden remains the same with vouchers. And my guess is it may actually increase.
Who defends this putrid cesspool of a federal debauchery? Mind-boggling. By the way, the Department of Education would be the first to be cut if I were in charge.
True conservatives (not the politicians) believe in small government and less taxes. Yet it is increasingly difficult to obtain this goal. Mainly because when a conservative begins talking about small government, meatheads start pointing at simple services as if those would be cut.
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I think you missed the point.
Nick was talking about the growth of public sector (Government) jobs, as reported last Friday by the BLS. I think many people assume all of that growth is more and more bureaucrats or other pencil pushers.
The point of the list was to show some of the jobs that are included in that growth. Almost all of the growth is at the state and local levels, by the way.
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That’s right. Keep wages low for the Koch Brothers and Black Rock, not to mention the security concerns.
How about we identify the need for migrant workers, set that quota, and allow entry legally with proper vetting/security and skills to fulfill this need?
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The main point of this thread, as Nick pointed out, Government employment (at any level) does not raise GDP. GDP is the only real measure of economic growth.
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Well, the problem is that very few southern border immigrants initially produce more than they consume.
Conversely, my wife with 4 degrees an MBA and who speaks 6 languages could move to 20 different countries in her lifetime. Every one of those countries had an immigration policy that recognized that she could produce more than her 110 pound body could eat and all of them welcomed her in and encouraged her to stay.
The opposite is true for southern border immigrants. They consume a lot compared to the few job skills they possess. Every one of them needs food, clothes, products, services, and a roof. They increase demand without increasing supply. It’s partly why we are now short 4 million homes in the U.S. It’s why rents are so expensive. Immigrants from our southern border are in aggregate very inflationary.
Just another example: Everything Biden does harms Americans.
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Another consequence no one is willing to be honest about.
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Yep. I’m a builder. I have 2 homes under construction right now and Americans are beating a path to those sites to try to find me to buy them before they are even finished. Biden is creating demand for everything (including homes) while at the same time pushing down supply.
This is why Trump is recommending no payroll taxes over 40 hours a week so that overtime is tax-free to encourage production. My guys/gals typically work some overtime every week, but if this goes through, they’ll be working like crazy to get all that tax-free overtime. More production is deflationary.
Just another example: Everything Trump does helps Americans.
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The only one I disagree with on that list is the USGS.
I used their data at my old house. The town had altered a water course and there it was…one way in 1986 and altered in 1991, directing water from the mountain into 3 houses on the street.
Still wasn’t fixed when I moved, but I am pretty sure they will eventually restore it back when the re-pave the road.
To the larger point, as far as government programs go, I’d start cutting stuff until things break. Once broken, see if it really mattered anyway and I’d bet in most cases it won’t.
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Good system. And it would be even better than just not really mattering. Just think if we could get back the $9 trillion the military borrowed from our kids to attack the wrong two countries after 911. That’s 1/4 of our national debt paid down, right there. Putting all our people back on defense would change every American’s financial life dramatically. It would be like sending every man, woman and child in the U.S. a check for $26K. And if we really feel like finally retaliating for 911, we can take out the Saudi’s in one big surgical strike that would cost nearly nothing in comparison. Then take their oil just to remind the world not to fund terrorist attacks against Americans.
Our federal government is way too big and dumb. It just costs us money and women/children their lives.
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I haven’t heard that before. Is there a place to read about this? I am curious about it. I did a Google search but have come up short.