Reply to ripple effects from government employment/contracting uncertainty in DMV economy?

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Reply to "ripple effects from government employment/contracting uncertainty in DMV economy?"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]This new EO will complete destroy the economy in the DC metro and the US at large. Requiring that agencies get rid of 4 employees for every 1 employee they hire. This rule basically mandates that government agencies reduce their staff by 8% each year. In combination with mass scale RIFs you are easily looking at a 30-50% decline in the federal workforce. In combination with the proposed budget cuts of 250 billion per year, you are looking at job losses in excess of 3 million people for the US. This does not even consider the spillover effects of employed people cutting back on spending due to lower consumer confidence. It will be an unmitigated economic disaster that is completely self inflicted. [/quote]

Curious though how many of the 2MM feds in total are impacted.

This EO excludes any agencies dealing with security and immigration…so excludes border agents, ICE, TSA, probably a decent amount of FBI (they may replace agents but doesn’t sound like they will be reduced), assume Himeland is excluded, assume NSA and CIA excluded (again they may replace CIA agents but not sure there will be less).

Then you have air traffic control which needs to hire people, USPS (I guess they could reduce this) and then VA hospitals and the people administering VA benefits (VA and benefits is 600,000 federal workers alone).

So seems like all of the above are easily 1 MM employees if not more.[/quote]

Trump has said defense will be cut. White House has about 2,000 and Congress has 10,000. This does not include the 6.8 million contractors. You can mix and match to get your own 1.2 million.

Department of Veterans Affairs
486,522
Department of Homeland Security
222,539
Department of the Army
221,037
Department of the Navy
216,537 
Department of the Air Force
168,505 	
Department of Defense
156,803
Department of Agriculture
92,072 
Department of the Interior
62,890 
Department of Heath and Human Services
91,058 
Social Security Administration
59,227
Department of Justice
116,614 
Department of the Treasury
108,869 
Department of Transportation
55,806 
Department of Commerce
47,650
EnvironmentalProtection Agency
16,450
Department of State
14,316
Department of Labor
14,730
General Services Administration
12,939
Small Business Administration
7,925
National Aeronautics and Space Administration
18,073
Department of Energy
16,846 
Department of Housing and Urban Development
8,825
Federal Deposit Insurance Corporation
6,189
Agencies and departments with fewer than 5,000 employees are shown.
[/quote]

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