Roughly 550,000 tax paying Amercian’s will no longer have jobs if Trump gets his way. Whether a reduction in the government workforce is a good or bad thing (I believe it is a good thing, generally) is irrelevant to the point.
He just eliminated 550K jobs, period. 550K people will now be competing for other public or private sector jobs, they will go on a number of government programs, or a combination of the two, period.
If you’re counting the Alibaba pipe dream, which is based on one conversation and some tweets, then you might want to update your spreadsheet for these lost jobs. Well, if you want to be intellectually honest anyway.
Prove the bold part.
It also artificially increases the number of employees needed to produce these goods. Less demand = less production = less employment.
In order to support public sector jobs taxes have to be collected.
When companies are taxed more, they cannot hire as many employees or expand their businesses.
There’s also less money to lend to businesses when government money is being used to artificially prop up 550K people through public sector jobs.
Again public sector jobs are not even efficient - they rarely get fired, have endless sick days and vacation days, and insane health and pension plans.
Further, eliminating regulations will eliminate compliance jobs. Again, whether that is good or bad is irrelevant. American’s will be out of work, period. If we’re going to act like President’s create jobs (which is absurd, but whatever…) then all of the jobs he eliminates through direct action or as an unintended consequence count too.
By propping up people artificially through debt via public sector jobs, you’re not actually helping people, you’re only mortgaging the future of unborn Americans who will have to pay off the debt when everyone alive now is mostly dead.
You’re also taking away people from building actual marketable skills in the free market (if they weren’t in the public sector). Most government jobs require doing a whole lot of nothing.
You’ve completely missed the point, which shouldn’t surprise me. I’m well aware of what a public sector job is. I’m all for eliminating redundant public sector jobs and cutting regulation.
That doesn’t mean 550,000+ people won’t be looking for work because of it.
Lost revenue from Dell’s government contract will lead to savings in debt and taxes for the taxpayer and the unborn who will be paying back the debt. Considering how wasteful the government is with money, it would end up a net positive.
Public sector jobs aren’t real jobs.
Yes some of them and the rest would rely on charity. When someone collects welfare it zaps their incentive to get a job and build skills
USMC is correct in the short term there will be higher unemployment. But in the long-term we will all be better off as taxes will go down if we have a smaller government. And returning money to the people will allow more small and large businesses to expand thus hiring those federal workers.
One more point that should not be ignored. Some of those federal workers may have an entrepreneurial bent. Thus creating even more jobs in the long run.
USMC I am sure you would agree that our founders did not intend that our federal government try to be all things to all people. It is currently a massive bureaucracy which spirals further out of control with ever passing year.
If Trump actually reduces the size of government by laying off a half million government employees I will applaud that effort as we are now heading in the right direction. But I take nothing away from your point it will absolutely cause unemployment to go up…temporarily.
This is so ridiculous. You’re right, 2.7M people wake up Mon-Fri and go sit in some cubicle in D.C. for fun.
I completely agree. Like I said, I’m all for a reduction in the federal workforce and regulation.
I’m just pointing out that it won’t be all sunshine and rainbows and if we’re counting 1M Alibaba jobs as jobs “created” then this is 550K jobs eliminated.
That is a fact and for the most part we have both parties to blame over a very long period of time. The road back, if indeed Trump is the one to take us back, will be a tough one. But one worth travelling in the long run.
I work in the public sector I guess people don’t want clean drinking water, thanks raj for letting me know I not only have no marketable skills, but I also don’t have a real job. I will let my coworkers know that we don’t have to do anymore water testing because we don’t have “real” jobs.