“No Man’s life liberty or property is safe while the legislature is in session”.

- attributed to NY State Judge Gideon Tucker

Wednesday, October 26, 2011

That's Incredible! Harry Reid's Attempt To Defend Wonderboy's Jobs Act

"It's very clear that private-sector jobs have been doing just fine; it's the public-sector jobs where we've lost huge numbers, and that's what this legislation is all about."

Just incredible.That's Harry Reid's defense of Wonderboy's public sector union-hiring proposals, according to a recent Wall Street Journal staff editorial.

The piece noted that 111.8MM Americans were employed in the private sector at the end of 2008. As of last month, the number was 109.3MM, a loss of roughly 2.5MM private-sector jobs, and a 2% decline. At the federal level, government employed 1.9MM FTE in late 2008, which increased to 2.1MM at the end of last year, for a 11% gain.

State and local government employment numbers in the editorial don't go back to 2008. Instead, the Journal reports that local governments cut just 210,000 by last month out of 14.28MM a year earlier. For state governments, the numbers were 49,000 and 5.14MM. That's only a quarter of a million state and local government employees cut out of some 19MM, or just a 1.3% decline. Even so, these numbers are polluted by the first stimulus having paid for some of those workers in prior years. That also would make comparisons from the end of 2008 problematic.

What's clear, however, is that the private sector has taken the most pain in terms of job losses.

You would like to think the Senate Majority Leader would at least be able to understand that fact.

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