Thread: Pinks Slips Coming For 450,000 State and Local Govt Employee

Pinks Slips Coming For 450,000 State and Local Government Employees in 2012

Mac Slavo
May 26th, 2011
SHTFplan.com
12 Comments

In June of 2010 we noted that well known financial sector analyst and the woman who blew the doors open on the 2008 mortgage crisis, Meredith Whitney, was forecasting that two million government employees would see their jobs cut over coming years because of fiscal problems. http://www.shtfplan.com/headline-news/s ... s_06222010

It’s happening.

Over 300,000 jobs have been cut in fiscal year 2011, and that number is about to increase 50% going into 2012: http://www.reuters.com/article/2011/05/ ... 0U20110523

Around 450,000 people who work for U.S. states, counties, cities, towns and villages could get pink slips in fiscal 2012, sharply up from the 300,000 positions shed this year, a report said on Monday.

The number of job cuts will rise mainly because the federal stimulus program is ending while the cost of Medicaid is “spiraling,â€

when the USA's AAA rating gets dumped, thats when the real SHTF. and its on its wat NOW.

now you will see what it like to have no job

another big point is Democrats fill MANY of those Federal / State and Local Jobs

They will now have to be in contention for work against Illegal Aliens

Amnesty will make those Illegal Aliens LEGAL and make the Democrat's to change position on Amnesty if they cant find work and the Illegals take up any new positions at any level of government

I think a New Backlash is coming and it will be from Democrat voters that cant find work