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Walmart is More Valuable than Uncle Sam - Michael Schaus - Townhall Finance Conservative Columnists and Financial Commentary - Page 1
While all eleven minutes of Obama’s apocalyptic “government shutdown” speech is well within the definition of “disingenuous”, there was one mundane comment that demands attention. The comment was more or less a throwaway line, aimed at illustrating the gravity of a government shutdown. Startling, the President uttered a fact during his 11 minutes of blaming Republicans. The Federal Government is, in fact, the largest employer in America.
“The federal government is America's largest employer” Obama reminded the press as he launched into a childish explanation of Keynesian economics. And now, some of those “non-essential” employees might be getting furloughed. (Inexplicably, Congress is still set to show up to work.)
Let’s put that into perspective:
Walmart has a stunning 2.2 million employees. The next largest employer is a Temp Agency – indicative of the part-time Obama-economy. . . But, the Federal government seems to be rolling right along -- with the capital raised from all those smaller businesses that independently produce wealth and innovation -- with well over 2.5 million Federal workers.
snip
While all eleven minutes of Obama’s apocalyptic “government shutdown” speech is well within the definition of “disingenuous”, there was one mundane comment that demands attention. The comment was more or less a throwaway line, aimed at illustrating the gravity of a government shutdown. Startling, the President uttered a fact during his 11 minutes of blaming Republicans. The Federal Government is, in fact, the largest employer in America.
“The federal government is America's largest employer” Obama reminded the press as he launched into a childish explanation of Keynesian economics. And now, some of those “non-essential” employees might be getting furloughed. (Inexplicably, Congress is still set to show up to work.)
Let’s put that into perspective:
Walmart has a stunning 2.2 million employees. The next largest employer is a Temp Agency – indicative of the part-time Obama-economy. . . But, the Federal government seems to be rolling right along -- with the capital raised from all those smaller businesses that independently produce wealth and innovation -- with well over 2.5 million Federal workers.
snip
