Home > posts > Only Thing Stimulated By “Economic Recovery Package” Has Been the Federal Gov’t
September 24th, 2009 3:17 pm
Only Thing Stimulated By “Economic Recovery Package” Has Been the Federal Gov’t

From USA Today:

The $787 billion economic recovery package … is stimulating growth in the federal government as agencies hire thousands of workers and spend millions of dollars to oversee and implement the package, according to government records and spokesmen. … That’s helped fuel the continued growth of the federal government, which increased by more than 25,000 employees, or 1.3%, since December 2008…”

Have no fear:  John Berry, head of the federal government’s Office of Personnel Management, says the increase is small and temporary.  Believe that, then there’s a bridge in Brooklyn for sale with your name written all over it.

In related news, the Labor Department this morning reported that the number of newly laid-off workers seeking unemployment benefits this week was 530,000.  While the number was less than economists expected, that brought the total number of jobs lost since December, 2008 to nearly 4 million, most coming from the private sector.  This, despite Congress’ passage of the $787 billion taxpayer-funded stimulus bill.

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