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Migrating employees out of the state (which leeches economic output from the private sector) will have positive long-term economic outcomes.
by cbeach 2y ago
Migrating employees out of the state (which leeches economic output from the private sector) will have positive long-term economic outcomes.
- FredPret 2y agoMoving some employees from government (which has some economic value and some non-economic value) to the much higher economic productivity private sector will be brilliant for the economy long term. But that doesn't mean the most chaotic approach is the best one. Bill Clinton shrunk the federal workforce by 400k without crashing the economy. I'm a huge free market fan but I note that there's a lot of nice things that come from government jobs, for example clean and safe streets, or well-planned highways, and many others.
- cbeach 2y agoAre you implying that shrinking the federal workforce is responsible for the current stock market correction? Do you have evidence Musk and Trump are firing the people that keep streets clean and safe, and plan highways?