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

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[quote=Anonymous][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]

This is a declaration of war on the middle class - coming after the tech layoffs over the past two years, flooding the market with experienced and credentialed white collar workers who were (in many agencies) underpaid will stagnate salaries for twenty years.

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Most of y’all aren’t qualified for a real job. Hope you can learn a trade.[/quote]
I went to YouTube University and learned a DIY for an issue I would have called a plumber to do a year ago. A plumber would have charged $200 just to show up and then an additional $200 to $300 to fix the problem. I was able to do it for the parts and my time on YouTube. YouTube is a blessing and people have been gauged for years [/quote]

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