John Edward, a resident of Chelmsford who earned his master’s degree at UMass Lowell and who teaches economics at Bentley University and UMass Lowell, contributes the following column.
One reason I started writing columns was to respond to things I read in the newspapers. Informed people will come to different conclusions regarding public policy issues. However, we too frequently encounter misinformation in letters to the editor.
This column is dedicated to correcting misinformation. I surveyed letters published in the Lowell Sun during August 2011. Some people really do say the darndest things.
On August 16th a writer from Chelmsford joined many others in complaining about the federal deficit. He had a solution: “Duplication of jobs in Washington that could be eliminated . . . would probably make up half the deficit.”
The budget deficit in Washington is $1.6 trillion. Half of that would be $800 billion. What if there was so much duplication that we could get rid of half of federal jobs?
According to the United States Census Bureau, total Federal Government Civilian Employment was 2.8 million in 2009. If we fired 1.4 million public servants and assumed that would cut the payroll in half, we could eliminate $90 billion in spending per year. Even if we eliminated all federal jobs, including the 1.6 million serving in the uniformed military, we still do not get anywhere close to cutting the deficit in half. read more »








Recent Comments