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Old 02-01-2013, 12:01 PM   #50
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Join Date: Aug 2005
Location: Denver
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Originally Posted by Arkie View Post
The federal government is bigger than it's ever been. Spending is still growing even this year. State governments are becoming more and more insignificant these days as the federal government takes over.
It appears that it is finally shrinking after spiking from Bush to Obama.

Federal employment has fallen for seven of the last eight months, the longest sustained drop in more than a decade. The decline is tiny: Just 9,900 fewer workers in May compared with a year earlier, excluding postal and temporary Census workers, reports the Bureau of Labor Statistics. That's a fraction of the 2.2 million civilian federal workforce.

Nevertheless, the reversal marks the end of a period of enormous employment growth that spanned the end of George W. Bush's presidency and the start of President Obama's term.

But that is one small part of the equation that effects the economy.
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