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 Post subject: Who pays for government workers?
 Post Posted: Wed Jun 13, 2012 2:27 pm 
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Joined: Thu Jul 28, 2005 3:11 pm
Posts: 661
Location: Lakewood
http://www.foxnews.com/politics/2012/06 ... ouse-burn/

Quote:
The president said Friday that the private sector was “doing fine” but local governments need to help the stagnant economy by hiring more teachers, firemen and other public-sector workers.


Do people really believe this crap? Is the private sector doing good enough to pay for more government workers? Do people think public workers salaries come out of thin air?

I would love to see the math behind putting more people on the government payrolls.

Lets use Lakewood as an example. Where does city hall get their money? Taxes from the private sector. If you keep replacing private jobs with government jobs the money will eventually run out. We cannot tax a governments workers income enough to pay for another worker, we need to take money from the private sector or just print more money at the federal level and hand it out for free to everyone... We cannot keep just printing money forever...

People that believe this is the answer really frustrate me.

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Ryan Salo


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 Post subject: Re: Who pays for government workers?
 Post Posted: Thu Jun 14, 2012 12:38 pm 
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Joined: Fri Jan 06, 2006 10:31 pm
Posts: 1782
I do not know!

For some reason, private sector employment was also higher when a larger portion of the population worked for the federal government. and taxes on the rich were higher.
household savings rates were higher. median wages were higher.

it is hard to figure out!

what is the recipe, Kenneth?

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This Henry Charles Carey guy is good at Economics.

"Good luck with what you're doin'".--Ramses Luther Smuckles.


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