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It sure would be reassuring right now to be a; City, County, State, Fed Gov't worker, having 100% of your paychecks & benefits coming in, as usual.
Meanwhile, most of the unemployment, furloughs, lost healthcare coverages, and pay reductions, are hitting the private sector like a Mack truck.
Prior to C-19, government was consuming 38 cents of every dollar our private economy generated (GDP). Today, that 38% has skyrocketed since gov't costs have increased, while GDP is falling like a rock. It wouldn't be a stretch to estimate government (all levels combined), are exceding 50% of private sector generated GDP. We have become slaves to our government.
The private sector couldn't support the public sector before C-19 ($27T Fed debt & not counting Trillions of underfunded Gov't pensions), and now things have gotten much worse.
The private sector feels like Atlas carrying the World (Gov't) on their backs.
After C-19 ends, its' the private sector who will have to dig us out financially. For the public sector, it will be business as usual.
The gov't load on all levels has become too much. It's time for the public sector to have a downsizing, like all of us in the private sector have had to endure...some of us multiple times.
The Federal worker compensation package is now ~$125,000/yr.. The average private sector job pays $77,000. Those Federal workers are all being paid right now, but not all the Private sector workers.
The $2.1T C-19 stimulus gives each American $1,200/ea, but for each American that got $1,200, gov't got $5,163 to dole out as they see fit! (mostly to Fortune 500's, & other government entities). Some Feds are fighting against the small business relief package of $500B...unbelievable.
Private sector American workers & small busineses are getting crushed by oversized & overpaid government & big business.
Last edited by beach43ofus; 04-12-2020 at 10:33 AM..
The private sector & small business ship isn't sinking on its own, it's being torpedoed by government, & big business.
Small businesses and the 99% working in the private sector should be getting 100% of the $2.1T stimulus, not mere crumbs.
All of the costs should be offset with massive cuts to government at all levels, and across the board in every department.
The way this stimulus is being done is just a huge money grab by gov't at all levels, & big biz. $1,200/American and $250B in small business help (that the Dems are resisting) are crumbs. Gov't, and big biz took 75% for themselves, and they don't even pay taxes!
The private sector & small business ship isn't sinking on its own, it's being torpedoed by government, & big business.
Small businesses and the 99% working in the private sector should be getting 100% of the $2.1T stimulus, not mere crumbs.
All of the costs should be offset with massive cuts to government at all levels, and across the board in every department.
The way this stimulus is being done is just a huge money grab by gov't at all levels, & big biz. $1,200/American and $250B in small business help (that the Dems are resisting) are crumbs. Gov't, and big biz took 75% for themselves, and they don't even pay taxes!
Big businesses are going down too, these are all just 'grabbing at straws' efforts, its not going to make much difference in the long term.
State government employee here. With 1/3 of my department down, the rest of us have two choices: work 12 hour days to cover the workload of the people who are out... or take unpaid leave. This is fun for absolutely no one, and if I didn’t have a mortgage to pay, I would rather take unpaid leave than be drowning in work.
The private sector & small business ship isn't sinking on its own, it's being torpedoed by government, & big business.
Small businesses and the 99% working in the private sector should be getting 100% of the $2.1T stimulus, not mere crumbs.
All of the costs should be offset with massive cuts to government at all levels, and across the board in every department.
The way this stimulus is being done is just a huge money grab by gov't at all levels, & big biz. $1,200/American and $250B in small business help (that the Dems are resisting) are crumbs. Gov't, and big biz took 75% for themselves, and they don't even pay taxes!
Welcome to America.
You want help for the little people? What are you, a socialist?
That is a positive perk working for government is job security during bad times.
The negative is you don't get anything extra when the ecnomy is doing well.
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