zlacker

>>glimsh+(OP)
State and local govs soaking up workers (~70k). Good numbers assuming labor force stays balanced with retirements + deaths + job growth outpacing job destruction/loss.

>>toomuc+L1
How is it good numbers when they're not creating capital, in fact they're consuming capital? Government isn't an engine for economic growth and innovation. Meanwhile, manufacturing jobs are down - that's important because that's how you create capital. In essence, our ability to create capital has decreased while at the same time our demand for capital, in the form of taxes, has increased. This is not good.

>>taylod+t5
Government isn't what?

Government provides a large number of services, from education to firefighting. I can see why one might see education as a drain on the economy on any timescale up to a decade, but if you want to have an educated workforce in 30-50 years you can't really escape paying for education now, even if it is costly.

Which of the services provided by government do you see as a net drain on the economy?