Wednesday, September 3, 2014

On reduction of bureaucracy . . .

" State and local governments all over the country are dead broke, and an atmosphere of austerity is sweeping the nation. Right now state and local governments are slashing jobs at an unprecedented rate."

"This is bad? The states are firing people? This means less bureaucracy. I see this as one of the greatest developments in my lifetime. The states' payrolls are shrinking."

"In the past, government jobs were considered to be very secure and they definitely paid a lot higher than average. But now that era is coming to an end, at least on the state and local government levels."

"According to the Center on Budget and Policy Priorities, state and local governments have eliminated more than half a million jobs since August 2008. UBS Investment Research is projecting that state and local governments in the U.S. will cut 450,000 more jobs by the end of 2012." 

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