Home > The Economy > In the midst of the Second Great Depression, government employment should be increasing, but in the US it’s actually decreasing. (2 Graphs)

In the midst of the Second Great Depression, government employment should be increasing, but in the US it’s actually decreasing. (2 Graphs)

from David Ruccio

source

You’d think that, in the midst of the Second Great Depression, government employment would be increasing.

But it’s not. It’s actually shrinking.

It’s shrinking at the state and local levels, as can be seen in the chart above. And it’s shrinking at the federal level, as can be seen in the chart below:

Clearly, mainstream economics and politics in the United States have moved backward—back to a time before Keynes and before the New Deal.

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Categories: The Economy
  1. Expat
    September 6, 2012 at 1:58 am | #1

    When you have a (Democratic) president who says he doesn’t believe in public employment….

  2. September 6, 2012 at 3:13 am | #2

    It’s the same here in Canada.

  3. Alice
    September 6, 2012 at 10:53 am | #3

    Its the same in Australia. The US has managed to sell its crappy policies to the ROW

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