Sunday, February 1, 2009

Are people just nuts or what?

Q: What's the solution to unemployment in the private economy?

A: A government job.

Or so people seem to think judging from this article. Tell that to the 23,000 New York City employees Mayor Bloomberg is firing. Tell that to the state employees of California who are hanging by a fraying thread (Governor Arnold has already fired the part-timers and the temps and soon he will fire thousands of full-timers because there's no money to pay their salaries). Tell that to the thousands and thousands of employees--state, county, city, town--all across the country who have been laid off and are soon to be laid off.

Government jobs are not secure because government exists only as long as it can be a parasite on the productive private economy. When the private economy goes under, it takes government down with it. The solution to unemployment in the private economy cannot be government jobs because government jobs are financed by the private economy. If the private economy could pay for more government jobs, wouldn't it be able to produce private employment too?

Read it here

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