Tuesday, May 5, 2015
20.7%? 15% I Would Bet More Like 40%+
Did everyone see the link off of Drudge boasting that 20.7% of the people employed in Baltimore were in Government jobs?
20.7% of Jobs in Baltimore are Government Jobs
Of the 364,200 total jobs in Baltimore City in March, 75,500—or 20.7 percent—were jobs working for the government. That included 39,400 state government jobs, 26,000 local government jobs, and 10,100 federal government jobs.
By contrast, there were only 11,600 manufacturing jobs in Baltimore City, according to BLS. That means government had 6.5 times as many employees in Baltimore City as all of the manufacturers located in the city.
Those figures don't tell the whole story either and the whole story is one of the driving reasons we are finding ourselves in the debt pickle we are in today.
The article goes on to say that the percentage of government jobs across the nation is 15% but I am willing to bet those totals don't include military, higher education nor the millions of positions that only exist because of direct government spending.
I would be willing to bet that half of the service industry, hospitality industry, Construction and a huge chunk of warehousing and transportation is directly the result of Government spending as well.
I can tell you that even the low wage position as a forklift operator I held for some 12 years or more was almost 100% financed by Government spending either Federal or Local in some way. Of course that far down the chain your average employee has no clue they are actually receiving a Government check but that doesn't change the origin of the thing or who ultimately is going to be handed the bill.
When I think of the chain reaction that is coming when the Government debt bubble pops I just have to shake my head.
Oh well lunch time is over back to brush hogging.
Keep Prepping Everyone!!!!!