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
It's not nearly so black and white as you present it.

A highway is government-created capital that generates economic growth. A library is government-created capital that generates innovation and economic growth. A fire station (which is also government-created capital) doesn't directly create economic growth or innovation, but it protects everyone's capital.