Let the ax fall
Published: August 12, 2011 at 6:48 am
Some employee terminations help the economy.
There is a myth going around that even if government employees are inefficient or unneeded, we should not terminate them in this economic crisis because it would dampen the economy. The opposite is actually true. Because most government employees do not produce wealth — they tax and regulate the ones who produce wealth — it would be better to for them to seek employment in the private sector, in jobs that produce wealth and therefore add to the economy.
There is actually a double benefit because we would then not have to tax productive private sector employees as much to pay the salaries of those former government employees.
Let the ax fall.
— Roy Miller, Phoenix