AEIdeas

The public policy blog of the American Enterprise Institute

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Discussion: (4 comments)

  1. Todd Mason

    Hellooo. The economy sucks because middle class Americans are saving rather than spending. They are doing so because the real estate bust wiped out their net worths. Obama’s tax cuts on top of Bush’s didn’t move them. The Fed’s trillions in extra liquidity have barely made a dent. Firming housing prices are the first ray of sunshine since 2008.

    So why lay off more workers and cause yet more foreclosures? Even if you knew an agency was bloated, and nondiscretionary govt spending is historically very low, isn’t it wiser to wait until there are private sector jobs available for furloughed workers, and until housing recovers to the point setbacks don’t turn into catastrophes?

    Or is it that the time is ripe for a divide and conquer strategy, as Wisconsin’s Scott Walker described his cuts in state employment? Are you really that cynical?

    1. “Or is it that the time is ripe for a divide and conquer strategy, as Wisconsin’s Scott Walker described his cuts in state employment? Are you really that cynical?”

      Walker wants to shrink the government chair warmer class, and cut taxes on the private sector while still balancing the budget.

      What’s not to like? Let the government union thugs freeze their asses off in the cold Wisconsin snow.

      1. Todd Mason

        Turning middle class wis voters against govt workers may be Diane Hendricks’ idea of heaven http://www.jsonline.com/news/statepolitics/in-film-walker-talks-of-divide-and-conquer-strategy-with-unions-8o57h6f-151049555.html

        But as of 12-12, Wisconsin ranked 42nd of 50 states in job creation. http://www.jsonline.com/business/state-added-4500-privatesector-jobs-in-december-b18e2r8-187332231.html And only 212k jobs to go on Walker’s promise of 250k new jobs.

        (Q. How are we going to solve this jobless problem and get the middle class spending again? A. I know! Let’s lay off more workers!)

  2. As of January, the unemployment rate for those classified as government workers by the Bureau of Labor Statistics is only 4.2 percent, compared to 8.6 percent unemployment in the private sector

    As of January 1985, the unemployment rate for those classified as government workers by the Bureau of Labor Statistics was only 4.2 percent, compared to 8.2 percent unemployment in the private sector.

    Yup, blah, blah, blah.

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