Glenn Beck presented a fascinating, if troubling, chart on this evening's program.
Starting in, I believe, 1935 or 1939, the chart compared private sector vs. government job creation through the present day.
While the private sector line began far above the government one, its slope was shallower, and it exhibited some variability.
By contrast, the government employment line had a higher slope and appeared to have a much more constant, unwavering pattern.
Chillingly, the lines crossed in 2007, then showed private sector jobs plunging significantly below the government employment curve.
That's right. Currently, and for the past 3 years, the US employs more people in government jobs than in private sector jobs.
Scared yet?
As Beck noted, the government employees are paid with tax dollars. Taxes come from working residents of the US.
How long can we have fewer workers supporting the larger number of government workers?
Monday, January 11, 2010
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