More government employees than private sector

This article from BigJournalism outlines California’s fiscal fiasco; the mass exodus of business and taxpayers caused by the state’s crushing tax and regulation policies; and the fact that California has long set the example for idiotic federal legislation. It’s a worthwhile read but what really struck me from this is the following graph:

govt employment

Government employment surpasses Private sector

(link here)

We’ve gone from providing jobs in profit-making private industry to providing jobs in profit-eating government work. Toward the end of 2007, the total number of government jobs exceeded the total number of goods producing jobs. Welcome to the government payroll economy.

To use the new buzzword of the day – unsustainable. And it’s getting worse…

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