Good Economic News

CNS News is reporting today that not only is the economy booming, the federal government has cut 16,000 jobs during the Trump administration–1,000 in September alone. This is wonderful news when you consider that every dollar spent by the federal government is a dollar taken out of the private sector. How many dollars does the lower federal payroll put back into the private sector?

Unfortunately state and local governments have not cut their employment numbers. The article reports:

Since President Donald Trump took office, federal employment has declined by 16,000.

In December 2016, the month before Trump’s inauguration, there were 2,810,000 people employed by the federal government, according to the BLS data. By August 2018, that had declined by 15,000 to 2,795,000. In September, it declined another 1,000 to 2,794,000.

At the same time, overall government employment (including those employed by state and local governments) increased 13,000 in September and has climbed by 100,000 since December 2016.

In December, 2016, there were 22,306,000 people employed in state, local and federal government combined. By August 2018, that had climbed to 22,393,000. In September, it jumped again to 22,406,000.

It’s time to cut all government employment and get people back to work in the private sector. I realize that we need a certain number of people to run all levels of government, but I am totally convinced that the number of people could be greatly decreased without harm to government services at all levels.