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]

They offered a buyout to the entirety of CIA, so don't assume CIA (or really FBI) is excluded.  I  wouldn't assume DOD is excluded either, since it can't be.[/quote]

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