Here are some interesting things about this budget that should be considered.
The present government is over spending on average close to 44 billion a year.
The present government has a debt pileup since taking office of over 88 billion.
The present government has hired over 40 thousand more people since coming to power
The present government is laying off 19 thousand of them.
It should be pointed out that number will add considerable more people to hte unemployment
roles. here is why. When decisions are made at the government level the calculation is around
a multiplier of 7 according to people have spoken to who used to calculate these kinds of things.
for example when determining and unemployed rate for a community they took the number
of government workers in that area and multiplied it by 7 to get a clearer picture.
If you use that figure, it would mean a reduction of a lot more jobs in the workforce, and it
would vary in different parts of the country.
This government is really cutting its own over spending.
The other problem they are having is the looming bill for prisons. Criminal offences are actually
decreasing yet these folks are going to build more prisons to add to the debt and deficit.
In California that State spent 9 plus billion on prisons and 5.8 billion on education.
One state has built one university and 27 prisons in the last two decades according to GPS
on CNN. If this is where we are headed the problem with finances will get worse in coming years
not better. This budget is an exercise in hiding the excesses of the present government and
little more that is why it is such a disappointment
The present government is over spending on average close to 44 billion a year.
The present government has a debt pileup since taking office of over 88 billion.
The present government has hired over 40 thousand more people since coming to power
The present government is laying off 19 thousand of them.
It should be pointed out that number will add considerable more people to hte unemployment
roles. here is why. When decisions are made at the government level the calculation is around
a multiplier of 7 according to people have spoken to who used to calculate these kinds of things.
for example when determining and unemployed rate for a community they took the number
of government workers in that area and multiplied it by 7 to get a clearer picture.
If you use that figure, it would mean a reduction of a lot more jobs in the workforce, and it
would vary in different parts of the country.
This government is really cutting its own over spending.
The other problem they are having is the looming bill for prisons. Criminal offences are actually
decreasing yet these folks are going to build more prisons to add to the debt and deficit.
In California that State spent 9 plus billion on prisons and 5.8 billion on education.
One state has built one university and 27 prisons in the last two decades according to GPS
on CNN. If this is where we are headed the problem with finances will get worse in coming years
not better. This budget is an exercise in hiding the excesses of the present government and
little more that is why it is such a disappointment
