Looking at the BLS numbers, 50 years ago, there were two manufacturing production workers for every government drone in the Land of the Free..... since when the trend has been to an inexorable deterioration.
That said, Dubya has truly excelled himself during his spell in the Imperial Purple. If we had only stuck to the 1954-1999 trend--bad as it was--there would now be ‘only’ 178 Tax Eaters per 100 manufacturing Tax Payers; instead we stand slightly in excess of 215:100, which is more than one-fifth worse than we might have expected in just over four short years. Given this, do we really believe there can be a productivity revolution across ALL of the economy?
See the chart.
War Socialism at Work
