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Economy |
We're All in This Together - Right? |
2021-07-11 |
[Townhall/Bongino] The message was clear, we are all suffering so anyone who complains just needs to suck it up and take the medicine the federal and state governments were prescribing like good little boys and girls. But were we really "all in it together?" United States Labor Department Bureau of Labor Statistics data shows that we weren’t. While the private sector lost 22 million jobs from February 2020 to April 2020, and state and local government cut about 1.6 million jobs in response to the pandemic, one group of people prospered during the pandemic — the federal government workforce. The federal workforce actually grew slightly during the pandemic never dipping below the 2.63 million employed at the employment high water mark of the Trump administration and indeed our nation’s history in February 2020. That’s right, the very people who were so earnestly leading the "we’re all in it together" chant, were not in it at all. And quite frankly, were major beneficiaries of the economic shutdown. Well, dip me in gravy! But wait! There's more! ![]() Heroes, all. Raises and bonuses all around. Anyone who has been in Washington, D.C. in the past few months knows that the once busy, bustling downtown remains a virtual ghost town as the hundreds of thousands who would normally inhabit the dozens of federal buildings in the city remain at home, presumably working. State and local governments, which cannot just print money to pay employees, cut payroll positions pretty aggressively, as the federal government just rolled along as if nothing was happening — employees unaffected with the exception that they did not have to go into the office. So what does it mean? The hidden effect of this perverse situation was that the very federal government bureaucrats making recommendations about the balancing act between the economic and public health needs of the nation never felt the economic consequences of their decisions. They had no skin in the game. Science! |
Posted by:Bobby |