Uncategorized

There Are 9.93 Million More Government Workers Than Manufacturing Workers

Multiple decade trends are difficult to stop. First thing is to recognize it.

STRAIGHT LINE LOGIC

An interesting chart from Anthony B. Sanders at davidstockmanscontracorner.com:

The August jobs report was filled with some interest factoids, like there are now 9.93 million government workers than there are manufacturing workers.

That is a ratio of 1.81 government workers for every manufacturing worker.

Such was not always the case. But a variety of factors such as labor cost differentials, EPA regulations and taxes had led to manufacturing jobs to be sent overseas.

Now a 1.81 government to manufacturing employment ratio is called OVERHEAD. And you wonder why high paying manufacturing jobs are fleeing to other countries?

http://davidstockmanscontracorner.com/there-are-9-93-million-more-government-workers-than-manufacturing-workers/

View original post

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s