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To: Donald Wennerstrom who wrote (43312)2/9/2009 9:42:38 PM
From: Woody_Nickels  Respond to of 95598
 
Don, nice chart. Gov't employment seems to
have exceeded private sector employment at about
the time the new Dept. of Homeland Security was
established. The trend was well established by
that point, however.

I'm fairly certain that government deficits were
re-established at about the same time, and the
Afghan/Iraq wars exacerbated the fiscal problem.

Would we rather spend money preventing attacks,
or suffering and recovering from them? A devil
of a dilemma.

Woody



To: Donald Wennerstrom who wrote (43312)2/9/2009 9:45:33 PM
From: Jacob Snyder3 Recommendations  Respond to of 95598
 
I wonder if government jobs, as a fraction of total employment, is increasing. I also wonder what the graph would look like, if it shifted all workers in recently-nationalized industries (banking, housing, auto) from private to public.

I hear the government is going to set up a "Bad Bank" for "toxic equity assets", to "improve liquidity and confidence in the private sector". At the end of each year, as an investor, I'll be eligible to divide all the stocks I own into "bad stocks" and "good stocks". the "bad stocks", the ones that went down during the year, I can sell to the "Bad Bank" at my original cost. I keep the "good stocks", of course. This arrangement will definitely prop up my confidence, and I'm likely to consume more, invest more, buy more stocks on margin, and generally do my part to help end the recession. What a wonderful idea.



To: Donald Wennerstrom who wrote (43312)2/10/2009 12:03:30 AM
From: Gottfried  Respond to of 95598
 
Don, OT ** it would be instructive to see a graph of gov employees as a percentage of population and with service sector employment added to mfg and construction - i.e. total private employment. The chart you posted seems to come from someone with an agenda.

however, US population has increased a bit over 50% since your chart started, so gov employment has increased by more in percent.

while searching for pertinent information I came across this site by Ross Perot perotcharts.com

this video illustrating rates of growth and change is worthwhile perotcharts.com