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Tuesday, November 18, 2008

No Governmentt Recession in NYC


The WSJ editorial page points out today that, in a time of financial crisis and economic turmoil, the payroll of New York City's government ballooned.

New York City did witness a reduction in public employment in 2002 and 2003, during the last period of slower economic growth. But the city quickly resumed its habit of ever-growing payrolls, and they have kept growing rapidly in the years since -- to an estimated record this June 30 of 313,965 employees on the public dime, according to the Mayor's office. That's an increase of more than 40,000 public workers in a year when Wall Street has been enduring historic losses and laying off tens of thousands of people.

Unfortunately, this is what happened in state, local and federal government across the United States. And now
supposedly the only way out is to raise our taxes? Welcome to the world of liberalism.