Globe and Mail columnist and Canadian Auto Workers Union economist Jim Stanford:
Federal deficit almost gone. So why did Ottawa need to eliminate 50,000 federal jobs in last 3 years?
Globe and Mail columnist and Canadian Auto Workers Union economist Jim Stanford:
Federal deficit almost gone. So why did Ottawa need to eliminate 50,000 federal jobs in last 3 years?
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The stupidity, it hurts.
That's twit logic all right.
Yes, it's a little bit like "Crime is down, so why are we keeping all these people in jail?"
Which begs the question, is a union economist really and economist? I think they graduate them in-house or they take those courses that used to be advertised on matchbooks.
Man, the dumb just never stops from this guy. Let's see, 50K workers at 100K salary and benefits and employment cost is about $7.5 billion annually. Assume that half was by attrition and the remainder were actually retired with a cost of about their annual salary. That's still $5 billion annually saved in just the first year, $7.5 billion for each year thereafter.
And my benefits and employment cost are probably considerably on the low side.
Seems that being a union economist means not being able to perform basic arithmetic.
And for libertarians like me, smaller government is always a good thing. Budget reduction is almost just a bonus.
Perhaps the answer to Mr. Stanford's question is "Because there is so little work for them that they are spending their work time updating inane topics on Wikipedia".
This is one big reason why I don't have a twitter account.
"Federal deficit almost gone."
Pfft! Let me know when the DEBT is gone. Then I might pay attention.
Yeah well, remember these civil service union twits are laboring under the assumption/delusion that the purpose of governments is to provide employment not provide services.
With those credentials I suspect that Mr. Stanford would prefer that we all work for the government.
"Twitter Logic" is an oxymoron.
I don't know why, but this reminds me of the half-wit lefty reporter who spoke of a lessening crime rate despite more people being in prison.
Is that a true 50k total net loss of fed positions? Colour me skeptical...
I went here, http://www.tbs-sct.gc.ca/res/stats/ssen-ane-eng.asp
to check some numbers. The high water mark of the "Federal civil service population" was just under 283,000 in 2011. For 2014 it is a little over 257,000 (round numbers as of March 31 in each year).
Simple arithmetic says that the reduction of civil servants is approximately 26,000.
I would wish that Mr. Stanford was right and the reduction in "Federal jobs" really was 50,000.
... and how much of that reduction is cyclical (as opposed to structural) ... and how many of those former employees are (or will be) contracting as private entities.. etc. Believe nothing...
So if we cut the CBC loose and save a billion a year and the network actually turns around and survives we'd have wasted the money then?
The insanity in this situation is not the size of the deficit but that we have a government calling itself conservative with a non-Keynesian economist for a PM which run deficits at all.
This government although divorced from economic socialism makes alimony payments to the collectivist welfare state.
the civil service has not been cut by 50,000 anything. as some others have pointed out, as long as there is a debt there is no surplus.
This government although divorced from economic socialism makes alimony payments to the collectivist welfare state.
Ask Hudak in Ontario what happens to 'conservatives' that don't propose or enact conservative policies incrementally. "Politics is the art of the possible, the attainable".
Rash large changes puts the other big spenders back in control of the chequebook. How close to a balanced budget would a Liberal government be right now?
Fox Butterfield, is that you?
The insanity in this situation is not the size of the deficit but that we have a government calling itself conservative with a non-Keynesian economist for a PM which run deficits at all.
We in the US will trade situation in a second.
I am seriously thinking about emigrating.
A pretty good example of the Butterfield Effect!
The Butterfield Effect occurs when a writer expresses what he thinks is a paradox that's actually a logical cause-and-effect to anybody with common sense. It was probably first identified in a Jewish World Review column.
http://www.jewishworldreview.com/1204/graham120204.asp
Fox Butterfield is a retired New York Times reporter. He is the eponym for the Butterfield Effect.
Butterfield's 2004 piece that inspired all this was titled "More Inmates, Despite Drop in Crime."
James Taranto in his Wall Street Journal Best of The Web column has daily fun with such examples,
Fox Butterfield, is that you?", about 99% of which are written by befuddled leftists who are surprised when reality intrudes on their worldview.
Oh, the shame of being an Ontario Farmer
Yesterday it was the Christian Farmers Federation of Ontario. Today it's the turn of their Ontario Federation of Agriculture soul mates prostrate themselves in front of Wynne and to grovel, whine and beg .
http://canadianlandowneralliance.blogspot.ca/2014/10/not-to-be-outdone.html
Infamous New York Times headline: "Incarcerations increase despite drop in crime rate".
The better question is why did the civil service (now) increase 21.5% when the population only 16% over the past 15 years?
Especially with Computers able to take on a bigger workload.
Yup. Fox Butterfield was apparently the Grey Lady's Crime Reporter for a time...
It's what happens when someone on the Left makes a statement that is laughably ludicrous on its face, yet it reveals what the speaker truly believes — no matter how dumb.
"The Butterfield Effect" is named in honor of ace New York Times crime reporter Fox Butterfield, the intrepid analyst responsible for such brilliantly headlined stories as "More Inmates, Despite Drop In Crime," and "Number in Prison Grows Despite Crime Reduction," not to mention the poetic 1997 header, "Crime Keeps on Falling, but Prisons Keep on Filling."
http://www.jewishworldreview.com/1204/graham120204.asp
"So why did Ottawa need to eliminate 50,000 federal jobs in last 3 years?"
Because it's the right thing to do ....
We can't afford anymore golden pensions.
Those laid off folks are well educated or they wouldn't have gotten a public sector job in the first place ... they will do well in the private sector once they learn how to work.
Because thug-hugging and tree worship are really provincial responsibilities.
I disagree. Those that work in the Public service are the ones that can't get a good job anywhere else. Just ask me, I had to work with them for some 15 years.
Education means squat when you have no other skills than the ability to get a degree.Well educated they are not.
Perfect headline to the post EBD. Well done.
They will not and cannot get a job in the private sector.The private sector does not hire nor tolerate "educated" leeches well.In case you haven't read it here or heard,government and the "civil" service do NOT create wealth,they steal it from taxpayers.Name me one job where you can be elected to,and get a full pension, after 6 years of "work". Or don't they teach that in school anymore.Oh wait. Teachers.Nevermind.
P.M. Harper is a non-Keynesian Economist? Occam please explain. Cheers;
my very first thought before I even hit the "comments" linky, and you stolt it:-))
but the problem for this union TWIT is that it reduces union membership, and therefore the collection plate total
Based on what an actual economist does, you cannot have an "economist" in a union. Mr. Stanford must be confusing it with "communist".