Nobody gets fired except governors in recessions

By: Joe Mysak January 4, 2010

Any expectation that state and local governments would use the worst fiscal crisis since the Great Depression to reduce their biggest expenditures is proving to be wishful thinking. Companies have cut 7.3 million jobs, 6.29 percent, since business employment peaked at 115.8 million in December 2007. State and local governments kept adding jobs through August 2008 ...

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Nobody gets fired except governors in recessions

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