… and getting paid handsomely for doing so.
You don’t need a degree in sociology or economics to figure the basics here, which is not rocket science. The First Law Of Holes is simple: When you find yourself in one, Stop Digging.
CHART OF THE DAY: How The Government Payroll Replaced Goods-Producing Jobs
Largest-ever federal payroll to hit 2.15 million
The Decline: The Geography of a Recession. From 4.6% to >9%, and counting…
Robbing Peter to pay Paul
Fed purchase of debt like family using Visa to pay MasterCard
Hoodlums In Government. For feds, more get 6-figure salaries. Average Federal Salary at $70,000 ! That is $30,000 over the average private sector salary.
And that is in addition to all the recent massive money-transfers from the Federal Treasury into the pockets of the already super-rich who helped to create this big mess.