WhatFinger


At what point will the private sector be unable to fund the metastatic growth of the federal govt?

Government jobs do not create Wealth



Lost on the current administration is the concept that profits employ while taxes destroy. More federal jobs lead to wealth destruction compared with private sector jobs that create wealth.

Support Canada Free Press


Can anyone explain the concept better than Glenn Beck?
The government hired 411,000 workers in May for the census. But last month was the peak of hiring for the 10-year count, and it will begin to tail off in June. The loss of those temporary jobs could help keep the unemployment rate high. A swell in temporary government hiring for the census drove almost all the job market’s gains last month. This was a huge disappointment to Wall Street and a sign that private employers aren’t yet confident enough in the recovery to start adding workers anytime soon. American businesses added just 41,000 jobs in May, the fewest since January. The government hired 10 times as many for the national census, but those positions will begin to disappear as summer arrives. At least on paper, the 431,000 total new jobs was the biggest gain in a decade. The unemployment rates dipped to 9.7 percent from 9.9 percent, mainly because hundreds of thousands of people gave up searching for work and were no longer counted. An economist, William Delbert, from Santa Ana, CA said, “on the surface, the numbers look great, the private sector, however, is not out there creating wealth-producing jobs.” The administrations propensity to create an ever-expanding federal government is viewed by the majority of taxpayers with anger, as once again they will be asked to pay for more government jobs. Bureau of Labor Statistics data shows that federal employees in occupations that exist in both the public and private sectors made an average salary of $67,691 in 2008, according to USA Today. Meanwhile, private sector workers in those occupations made $60,046. Government data also shows federal workers received benefits valued at $40,785, compared with benefits valued at $9,882 for private sector workers. Economists believe the rate will remain above 9 percent through November, potentially leaving both Democratic and Republican incumbents in Congress more vulnerable to defeat. The weak job market also puts pressure on senators to pass an extension of unemployment benefits. House Republican leader John Boehner of Ohio seized on the jobs report as evidence that the president’s $787 billion stimulus package isn’t working. “It is disappointing that nearly all of (the job) gains are temporary, taxpayer-funded government jobs through the U.S. Census,” he said. Random thoughts while observing the passing parade, I’m J.C. Jim Campbell runs Charging Elephants. Jim can be reached at: letters@canadafreepress.com


View Comments

Guest Column Jim Campbell -- Bio and Archives

Items of notes and interest from the web.


Sponsored