An article from an old school Republican
Preformatted textPeter Wehner: The Trump Presidency Is Over - The Atlantic
“Staffing has likewise fallen 20%, to 73,550 employees.
The agency has struggled to find staff who can work with the obsolete COBOL language that underpins a computer system first set up in 1968, according to the Government Accountability Office.”
They should have hired more tech people and less accountants. It’s staggering that they have so many employees. Intuit is 9,400 some how makes software for people and businesses to file returns. Plus, they make personal and business accounting software.
Goldman Sachs. -24% in Q2, but positive afterwards.
GE Aviation is announcing plans that impact its U.S. population, while the business works with the appropriate parties to properly address its global workforce:
- GE Aviation is planning to reduce approximately 10% of its total U.S. workforce.
- There will be a temporary lack of work impacting approximately 50% of its U.S. maintenance, repair and overhaul employees for 90 days.
- These actions build on those the business already has taken, including a hiring freeze, the cancellation of the salaried merit increase, a dramatic reduction of all non-essential spending, and a significant decrease in its contingent workforce.
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This will usher in a whole new era of big government programs the same way the Great Depression did. Expect a new federal payroll tax to replace state unemployment insurance with a federal program. It’ll of course generate a surplus at first which will help the general fund.
New Deal 2.0
I have come back to this article time and again. The Reagan revolution is coming to an end, with Trump being the Carter of the right. We are embarking on a new era. Country is turning left.
Not arguing whether it is right or not. Just making an observation.
You know, it’d be great if all gig workers have access to free healthcare.
Obama wasn’t even that far left and you saw the backlash against him. Bernie was even less popular this primary. Warren never even got going. The Bay Area isn’t America. America is leaning more right.
Less globalization. More protectionism. Soaring fiscal deficit. And now we are even discussing UBI, until now an idea from the “radical” left.
I bet universal healthcare coverage will be pretty popular in a pandemic.
From the party of fiscal discipline.
The right is hardly the party of fiscal discipline these days. The main difference between the Ds and the Rs is who they give their handouts to.