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Reid indicates gov't jobs more important than private sector

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Steve

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“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,” Reid said on the Senate floor.

private-vs-public-sector-jobs.jpg


did I mention Reid is an idiot?
 

Steve

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stimulus-gov-jobs-vs-private-sector-jobs-chart.jpg


This approach is moving the United States in the direction of many developing countries, where surplus labor in the public sector is common. Activist governments in these countries react to high unemployment by creating – you guessed it – more government jobs. But the economic value added by the public sector workers tends to be low, while the resources used to pay them comes from taxing high productivity private sector workers and employers. So resources are transferred from high to low productivity activities. And as the private sector shrinks, the relative burden of the public sector increases, which then reduces private sector cash flow and discourages job-creating investment.
 
A

Anonymous

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Steve said:
Reid is an idiot, no wonder McConnell doesn't like him... :) :lol: :eek:

Go here for the reason for the hate: http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=439x121212
 
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Anonymous

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Steve said:
Reid is an idiot, no wonder McConnell doesn't like him... :) :lol: :eek:

Go here for the reason for the hate: http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=439x121212
 

hypocritexposer

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hurleyjd said:
Steve said:
Reid is an idiot, no wonder McConnell doesn't like him... :) :lol: :eek:

Go here for the reason for the hate: http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=439x121212


hurley, do you know what the "Onion" is?

http://www.theonion.com/articles/sources-harry-reid-sleeping-with-mitch-mcconnells,18720/


The Onion is an American news satire organization. It is an entertainment newspaper and a website featuring satirical articles reporting on international, national, and local news

http://en.wikipedia.org/wiki/The_Onion
 
A

Anonymous

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hypocritexposer said:
hurleyjd said:
Steve said:
Reid is an idiot, no wonder McConnell doesn't like him... :) :lol: :eek:

Go here for the reason for the hate: http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=439x121212


hurley, do you know what the "Onion" is?

http://www.theonion.com/articles/sources-harry-reid-sleeping-with-mitch-mcconnells,18720/


The Onion is an American news satire organization. It is an entertainment newspaper and a website featuring satirical articles reporting on international, national, and local news

http://en.wikipedia.org/wiki/The_Onion

Sure I know what Onion is just having some fun with you guys.
 

hypocritexposer

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hurleyjd said:
hypocritexposer said:
hurleyjd said:
Go here for the reason for the hate: http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=439x121212


hurley, do you know what the "Onion" is?

http://www.theonion.com/articles/sources-harry-reid-sleeping-with-mitch-mcconnells,18720/


The Onion is an American news satire organization. It is an entertainment newspaper and a website featuring satirical articles reporting on international, national, and local news

http://en.wikipedia.org/wiki/The_Onion

Sure I know what Onion is just having some fun with you guys.



whew, thank goodness :lol:
 

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