Sunday, Jan 31, 2009
Companies are cutting jobs by the tens of thousands. State and local governments are penny-pinching, too. So what about Uncle Sam? Tough times for him as well?
In fact the number of federal workers is on the rise.
That might seem strange to the 11 million people in the U.S. who are out of work – and the millions more who fear they soon will be. Shouldn’t Washington pare down too?
But it is unlikely that President Barack Obama will put any of the nearly 2 million federal civil servants out in the street in the middle of the worst economic downturn since the Great Depression. His proposed $800-plus billion economic aid plan, which includes heavy spending on public works, is expected to increase the ranks of federal workers, although mostly at the state and local level.
This article was posted: Sunday, February 1, 2009 at 5:06 am