Would the economy collapse if we fired all the government workers?
The average federal government employee makes almost twice the salary of an average private employee, counting fringe benefits.. This means if federal employees are cut, then half the economy will be cut.
Asked By: Average College Student - 2/21/2011
Best Answer - Chosen by Asker
Yes. The government is the single largest employer in this country. With that many people out of work and no possibility of replacement jobs...the economy would fall faster than a lead balloon...
Answered By: Stretch Armstrong - 2/21/2011
Additional Answers (16)
Yes... pretty stupid question.
Answered By: osududeman - 2/21/2011
There would be NO middle class left
Answered By: Get Used to Cannibalism - 2/21/2011
Wrong. Really bad math.
Answered By: hafinjun - 2/21/2011
If you cut any major employer by 100% you would collapse the economy Wal Mart would rock the economy pretty badly if they went under What you do is cut the federal workers back slowly so that we dont have millions out of the private sector
Answered By: Bethy - 2/21/2011
NO but If they shut down the economy and the government means the private sector would hurt If the government shuts down the private sector takes over and they will have a grab on the economy.
Answered By: tfoley5000 - 2/21/2011
All, yes. Half, no.
Answered By: Phoenix Quill - 2/21/2011
Wrong! Government employees do not produce anything... More
Answered By: Gone Rogue - 2/21/2011
What do you base that salary figure on ? No link. If your employer managed to cut your salary and benefits over and over till you were bled dry, then where are all the new jobs that they created ? 60% of the deficit,,,Bush Tax cuts.
Answered By: Master Chief - 2/21/2011
If of course we lived in a fantasy world with a consumer-driven economy, which we don't.
Answered By: mattle - 2/21/2011
Well, Bush robbed thecountry of 7 trillion dollars so I think if the gov. closed down it would be the end of the country. People would be losing houses, stress would destroy families. Robberies would increase. Violence would increase. No taxes coming in from the tax payers. No retail businesseswould be able to stay... More
Answered By: power - 2/21/2011
...Alright, so first off, that statistic is B.S. The disparity isn't that big... More
Answered By: whiteflame55 - 2/21/2011
If we fired all, yes, especial the treasury. Who will ever print our money... More
Answered By: slew - 2/21/2011
Hmmm,lay off experienced workers,hire inexperienced workers to do the work.Salaries saved would be lost in training and mistakes.Would also slow any work that needed to be done such as building permits,safety inspections,FDA,CDC,NSA,TSA,FBI....you get the picture.Isn't only the pencil pushers that are costing tax money... More
Answered By: Gaijin - 2/21/2011
Would the economy collapse if we fired all the government workers... More
Answered By: imaxkr - 2/21/2011
NO,THE BIG CORPORATIONS TAKE OVER,USA ECONOMY IS BASED IN THE POWER OF DOLLARS,WEAPONS AND ECONOMIC CORPORATIONS... More
Answered By: luis l - 2/22/2011
"The average federal government employee makes almost twice the salary of an average private employee, counting fringe benefits.. " Maybe that is the problem. Overpaid and under working.
Answered By: wichitaor1 - 2/22/2011
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