Tag: Government
The World’s Biggest Employers
ONE of the biggest headaches for policymakers in many rich countries has been how to create jobs during a period of fiscal austerity and anaemic growth. The private sector has been slow to generate jobs, and government-spending cuts usually end up cutting jobs. And governments employ a lot of people: in our chart of the ten biggest global employers, below, seven are government-run. America’s defence department had 3.2m people on its payroll last year, equivalent to 1% of the country’s population. China, the world’s most populous nation and a big military spender, employs 2.3m people in its armed forces. And the number of people working for the National Health Service in England is equivalent to over 2.5% of the country’s population. The three private companies are Walmart, McDonald’s and Taiwan’s Hon Hai Precision Industry Company, a subsidiary of which is Foxconn, a secretive electronics manufacturer.
Government Unions and the Bankrupting of America
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Video Description:
Government-workers unions have been political juggernauts in the U.S. since the collective bargaining rights revolution of the 1960s and 70s. In this video, Daniel DiSalvo exposes how these unions have created cartels with their political allies, mostly in the Democratic Party, to the detriment of the taxpaying public.
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