The Black Cloud in Jobs Growth’s Silver Lining

Source: Independent Institute
by William F Shughart II

“Do not be fooled by the rosy scenario painted by recent jobs growth numbers. Large increases in the number of Americans employed by government are nothing to celebrate. Just the reverse is true: more bureaucrats (and the spending necessary to finance their hiring and retention) are drags on, not boosts to economic growth, liberty, and prosperity.” (02/06/24)