A Formula for Real Economic Growth: Cut Public Employee Pay by 20%

Slate’s Jacob Weisberg came unhinged on Friday and gave the country the finger.

“Down with the People!” he screams from Bill Gates lap.  As Jacob sees it, we the people are demanding two mutually exclusive things: premium government services and tax cuts, and when we can’t have what we want, we become unruly children.

There is of course a third option, and I think it is the voting issue for the 2010 elections.  It frankly amazes me that TPM-style Democrats going after Paul Ryan’s Roadmap, don’t see it coming…

You can thank me later, but I just saved the United State of America at least  $278,309,600,000.00 PER YEAR. You read that right.  $278 BILLION per year.  That’s almost entirely what Medicaid will spend this year for children and the disabled.  That’s what our normal deficit looks like without TARP and stimulus.

The crazy thing is how easy it was to do.   It took me like three minutes.  And since I’m a big open source, creative commons guy I’m even posting my magical formula shown here using 2008’s budget:

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Tags: blue dog democrats, Jacob Weisberg, pay cut, public sector compensation, public sector employees
Posted Feb 8th 2010 at 9:59 am in Big Labor, Economics, Tea Party, federal spending | 70886295 Commentshttp://biggovernment.com/mwarstler/2010/02/08/a-formula-for-real-economic-growth-13915481000000-2/A+Formula+for+Real+Economic+Growth%3A+Cut+Public+Employee+Pay+by+20%25+2010-02-08+17%3A59%3A42Morgan+Warstler