All Federal Employees To US PopulationI think it is important for people to full understand that the 172,000 job cuts from the Federal Government is more about showmanship than logic.
The federal gov employees as a % of the population has been falling for decades through the growth of the population and the economy.
This is the absolute best way to reduce gov. Debt, deficits, etc.. through growth, NOT cutting and causing a heart attack!
Slow mythological, calculated cuts if/when they are required are fine. chaotic, reactive, for the sake of showmanship is NOT!
This will not end well. There will be consequences, people have yet to realize and appreciate the severity of these actions.
These actions taken by the current administration will be felt in the markets.
