How many people work for governments in the United States? Let’s look at the numbers.
via Tax Burden: 40 Million Government Workers. Answer: 40 million, according to a study by Prof. Paul Light of New York University.
A little top-heavy maybe?
How many people work for governments in Japan? Last month, Saving Japan author Peter Dyloco compared the two countries Japan and the U.S. in terms of their populations and the percentage that is employed by the government. His estimate for the US was 1.7 million.
Perhaps the figure for Japan is also much higher than the 1 million Saving Japan quotes.
Some states are discovering they cannot afford to pay all the workers that they hire. According to Mish, “In a much needed development U.S. Local Governments Cut Payrolls to Lowest Level Since 2006″
Will local governments in Japan have to fire their workers? Few people seem to be considering this possibility. It seems to be another of those “impossible” scenarios that actually happened last year. The Japanese phrase is “soutei-gai” 想定外 unimaginable, completely unpredictable.
But it’s happening in the U.S., in a country that, according to pundits, has an economy that is recovering.
And so is Japan’s:
More Executives Say Japanese Economy Is Improving.
According to a quarterly survey compiled by The Nikkei on Saturday, 58.6% of respondents said the domestic economy is growing, a significant increase from the 38.6% seen in the previous survey from December.
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