Look at your entire post. You craftily chose government employees that many of us need in an emergency. In your entire post, you never mentioned one of our government employees working in a WWII era military base in Western Germany helping defend itself from Eastern Germany. We all saw through that, BTW :). But that’s a side point, not relative to mine.
Back on topic: Creating any new jobs for people who do any work for the government (regardless of how heroically)… and paying for those jobs by borrowing IS NOTHING TO BRAG ABOUT IN A JOBS REPORT! Again, the government forcing us to borrow so that they can give additional jobs to themselves are not jobs that should be counted in the jobs report. Adding to the debt isn’t an indication of a better economy.
The jobs that were created were state and local jobs.
Employment in government continued to trend up in September (+31,000). Government had added an average of 45,000 jobs per month over the prior 12 months. In September, employment continued to trend up in local government (+16,000) and state government (+13,000).
So, I work as hard and efficiently as possible. My money is then run through the world’s largest fraud and abuse machine. It is then redistributed back to me in the form of some service that the politicians try to convince me I cannot live without. And you consider that a part of a productive economy?
I found something else out while I was digging. The Bureau of Labor and Statistics revises their report each month to reflect official tax data that wasn’t available at the time of initially reporting monthly numbers. That’s from their site.
But 11 of the past 14 jobs reports were all revised in the same direction… down. How is this statistically possible? I think they are pumping these reports, then revising them quietly a month later.
Nick was making the point that money was being borrowed and new jobs created by those issuing the report, but he is wrong. The report is issued by the federal government, the jobs created were state and local jobs. Who’s to say whether money was borrowed to create these jobs? Do you know? Does he know? It’s all just a smoke screen.
I have felt that way for a long time. More political talk than home inspection anymore. I would think that the person (little boy) in charge would be more professional than this. The truth does come out eventually.
Maybe we should close the doors to FEMA, or how about the entire Department of Homeland Security, and we might as well turn off the spicket to not only the Military, but the Military industrial complex while we’re at it.
That’ll certainly shrink the government.
But how many lives would that affect?
I’ve got a better idea, let’s start by eliminating the Secret Service detail for Trump.
I guess I should take it as a compliment, because before InterNACHI, legislation is almost all most trade associations dealt with. NAR, our counterpart association in the real estate profession, spent more then $50 million on lobbying (politics) last year and has a full-time economics department. The only reason inspectors now think that trade associations are supposed to be schools is because of InterNACHI. So when an inspector thinks that trade associations should only be concerned with technical training, they are basically confirming, unwittingly, that InterNACHI changed the world.
I agree with that! All the money we give to FEMA, then have to beg for some of it back, would be better used locally.
The Department of Homeland Security has nothing to do with our safety. It’s about control and loss of our freedoms and rights.
And yes, the military industrial complex is the big one. I’m not sure how to get rid of it. War is a big, profitable business. No sooner do we leave Afghanistan and Iraq after 20 years, we coax Russia into invading Ukraine. The U.S. has been in a perpetual state of war all my life.
Nick is exactly right in his reasoning. The jobs number is put out to show how the economy is growing. Government jobs should be broken out into a separate category to show how government is growing. Some seem to get offended when it’s pointed out when manufacturing and service jobs are created it reflects a growing economy. When government jobs grow it doesn’t.
My state, city, county, and school district all have a balanced budget law/rule. They all hire government employees and have to budget, not borrow, to pay for them. So, you are correct, Nick’s take on the job report is fundamentally flawed.
So your state employees are NOT paid with Tax Dollars? That is his basic premise, they do not add to the GDP as government employees (State, local or federal) and should not be on the jobs report. They do not represent economic growth, only spin (by padding the numbers) on the countries economic health.
Sure they do. Economic growth requires (and affords) more government workers. Economic growth causes construction, which needs planning, zoning, and code officials. Economic growth creates population growth, which requires more police, teachers, etc.
