Young boys and girls do not say that they want to be stiff by government agencies.
Suppose you are ordinary students in high school without focusing on true studies. Your intentional counselor says college graduates are earning more money in working life than their colleagues who graduated from high school.
So you stepped into the logical stage and registered it with a local state university. There you majored in history, sociology, psychology and social action.
You didn’t know what you wanted to do in your life. But my uncle says that government jobs are more stable than the private sector and have better benefits and guaranteed retirement plans.
After graduation, you worked at other federal agencies that manage the ambiguous law passed 60 years ago in the Land Management Bureau, the Ministry of Education, the IRS, the Environmental Protection Bureau, or other federal agencies. You learned the rope and it was good to be part of something bigger than yourself.
One day, for about 10 years in your career, when you developed in the organization, I started to you that what you are doing is meaningless Mini Tia. Time and full waste of life.
But so far, you have been too deep. It will be difficult to start again in another job. Also, in the agency’s job, the wages were generous, the work was easy, and you could support mortgage and family. Your comfort was that in 35 years, you will retire Kush.
After another 10 years, I will stay every day until I can enjoy the winter in Tampa every day.
But unfortunately, it was …
You are fired!
Trump, the winner of the 2024 presidential election, comes. The probability of him accumulates and the legacy media decides to destroy him, he somehow blocked the victory.
As soon as you know that this Trump is very different from Trump in the office a few years ago. He means business.
He has a stupid billionaire Elon Musk and a computer geek team who are trying to reduce waste from the federal government. And as the eyes blinked, Musk placed Bulls on your job.
A few weeks ago, you received e -mail from MUSK ‘S Doge as a last orthodoxy. A week later you got an email that provided five bullet points for what you achieved on Saturday.
If you go for a few days, you will find out that you are fired through email. Pack the things and go down the road. What?
Go home, update your resume, and actually read a job with LinkedIn. You find that technology as a civil servant does not match most private sector jobs. In addition, jobs that fit the guns, such as the UNITED HELLTHCARE’s administrative claims, pay only about 60 % of the amount paid by the federal government.
Since you live in the DC subway area, many neighbors who worked in the federal government were fired. Therefore, competition for these work posts is fierce.
Online applications are ignored. If you receive a reply, the company is evaluating the application and you can listen more in about 4-6 weeks.
distortion
You can see a new “sales” sign in your neighborhood almost every day. You wonder if you should list your home, and what price you are at the price.
‘Where did I go wrong?’ You ask questions. ‘I did everything I had to do, and now 20 years later, the rugs have been driven under me. I thought that a public job was guaranteed for a lifetime. ‘
Alas, sometimes it is not solved in the way work in life. Things occur. The situation collapses.
Many experienced federal workers find that they are obsessed with something they cannot control. Their fantasy life, pretending to be a significant wage, was shattered. The Gravy Train is over. They will have to start again with more demanding conditions.
To be honest, the bureaucratic swelling time in the United States was decades ago. However, instead of the contract, the assistant of the debt increased as the contract increased. Trump is doing what he had to do at the beginning of the century from his standpoint.
All federal workers will now have to fight the reality that private sector workers claim. In other words, competition, job anxiety and compensation related to profits and losses.
In essence, there was a huge misunderstanding of capital for decades. This wrong allocation, which was directed through government spending, caused great distortion in the economy.
Numerous programs, jobs and income that never existed have raised funds with unintentional debt. And as they take away, painful adjustments should be occurred. This ultimately puts the economy on a harder foothold, but the immediate results will be cruel.
Federal workers call blues
Washington will not be willing to remove the deficit even with President Trump. But if hundreds of thousands of federal workers end, it can affect areas and surrounding areas with abundant federal institutions.
Federal workers’ income is usually above average. The consumption of the area will be shaken, from federal workers to call blues. Services supported by federal workers’ income will be hit.
Restaurants, coffee shops, dry cleaners, auto insurance, large box retailers and many other people will decline. It will be shaken by government contractors.
In addition, all employment uncertainty will begin to strengthen the belt in both the public and private sectors. Reducing consumer spending reduces economic growth, which reduces jobs and reduces consumer spending. Can you see a vicious cycle of developing?
This is happening at the time when stocks are extremely overestimated. It is also not just expensive technology stocks. There is also an extreme stock of consumer discretion and staple business.
Consider Costco. The company’s stock price is about $ 1,021. It is reduced from the $ 1,078 shown a few weeks ago.
Five years ago, COSTCO stocks were traded for $ 281. Even if the recent decrease, stocks have increased more than 263 % over the past five years. To date, it has increased by more than 12 %. The price -to -import ratio is 60 height in the sky, but pays a dividend yield of 0.44 %.
Costco reported net sales of $ 249.6 billion. FY2024. Net sales have been reported FY2020 It was $ 163 billion. As a result, net sales increased 53 % between 2020 and 2024. Not bad.
Nevertheless, this is rarely that the stock price can rise by 263 % during this time.
What is the stock price of COSTCO if net sales are flat or decreased?
We can know the end of this year. Clearly, there are many distortions to be removed from the system. Costco is only one example.
When an inevitable stagnation arrives, it will be a book of history books.
[Editor’s note: It is becoming more and more clear every day that the U.S. economy is slipping and sliding into a recession. We expect this recession to be especially brutal for workers, savers, and retirees. >> Act now with this Recession Recovery Kit!]
thank you,
Mn Gordon
For economic prism
The return from federal workers calls Blues as economic prism.
