As I see the employment figures today, I wonder where all these people are working or will work. Unemployment is down slightly in the latest report, but when one looks closely at the numbers, it is evident that the gains are almost all in civil service jobs, at a time when governments are threatening to cut jobs in the civil service. When there is high unemployment, there are fewer people paying income tax and because they are not working, they are not consuming so they are not paying sales taxes either. The government can only pay the salaries of these civil servants with our tax dollars or borrowed money, therefore this does not bode well. I look south of the border and see the massive increase in their civil service and shudder. This has to come to an end. These types of jobs are typically not productive, in that they do not produce goods or wealth, but drain money from government revenues which are now almost all coming from the lenders. We hear reports of an improving economy, and for Canada it is a half truth. For the USA it is a falsehood.
2 comments:
I wish I could argue with you Terry. I see exactly what you tell of living in the United States. You speak plain and honest truth. Therefore, I am sorry to inform you that you do not qualify to hold public office.
I am sorry on both counts.
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