Trump budget expected to seek historic contraction of federal workforce

WaPo ^ | Damian Paletta

[txhurl]

I think a lot of people losing their jobs don’t know it yet. If 30K DC homes suddenly go on the market, I think you’d see a mass migration from suburbs everywhere by people who see their fed job as secure for at least the next 8 years. I guess it depends on how the study defines the DC ‘region’.

[CommieCutter]

Exactly! 👏

[SamAdams76]

According to an economic analysis by Mark Zandi, chief economist for Moody’s Analytics, the reductions outlined so far by Trump’s advisers would reduce employment in the region by 1.8 percent and personal income by 3.5 percent, and lower home prices by 1.9 percent.

That doesn't sound like massive cuts to me. Sounds like we are just scratching the surface. I would hoping on something along the lines of a 30 per cent cut across the board.

Well, I guess it's a start.

[Alberta's Child]

I think many of the people who live in Northern Virginia moved there to get the hell out of DC.

[houeto]

“These are cuts that would require a wholesale triage of a vast array of federal activities.”

Some pretty sweet words right there!

[Karl Spooner]

Trump = Potter. That Donald, he’s a shrewd one! Obama probably lost a million on his dump already.

[SoFloFreeper]

[CottonBall]

Less than a 2% reduction in income and house prices in DC, and liberals will be whining

[CottonBall]

Excellent then!

[sanjuanbob]

We’ve all seen the debt clock going faster and faster.

Maybe a new slogan to go along with “drain the swamp” should be “Stop the clock.”

[alternatives?]

If Lois Lerner is getting a dime a month that is too much.

[House Atreides]

The FEDERAL EMPLOEES that lose their “positions” will have absolutely zero problems quickly obtaining high paying jobs in the private sector. After all, THEIR OWN STUDIES say they are paid 34% lower than their private sector counterparts doing the same work.

So this will be good personally for these “highly skilled” federal employees. It should have been done long ago.

/sarc

[relee]

There are over 3 million people employed in the DC metro area and about 10% are federal government employees. If my math is correct that 1.8% impact in the region means the President is talking about RIF for 20% of the federal government workers in the DC region and that's a good start!

[xzins]

Like I care about Washington D.C.’s drop in house values by 1.9%

I care about the same they cared when my house dropped in value by 20% and around the nation by 50% or more.

I’d slash the bureaucracy in half. Trump’s being nice.

[txhurl]

Maybe a later EO will also cover the parts of fed budgets that pay contractors.

Chase all the rats via 20% RIF into the private sector contractors, then cut the budget for them by 40%.

[FreedomPoster]

>>the reductions outlined so far by Trump’s advisers would reduce employment in the region by 1.8 percent and personal income by 3.5 percent, and lower home prices by 1.9 percent.

I’ve been saying that one way to measure Trump’s success would be if DC-area home prices stay flat. If they actually go down, that would be a resounding success.

[relee]

I'm hoping the President focuses on the close-in Maryland suburbs, lots of opportunity there ...

EPA, IRS, CPSC ...

[Menehune56]

[GrandJediMasterYoda]

In other words it's the Democraps and RINOs worst nightmare.

BWA HA HA HA HA!!!!

[Neidermeyer]

7 of the 10 wealthiest counties in the USA surround Washington DC.

It clear to me - for flyover America to prosper, Washington DC must suffer.
*************
I looked up our family home from Bethesda 1963 ,,, it sold 4 years ago for $1.9m and is now valued way over $2m ... too bad we moved away in 1967 and LOST money on it ,, selling then for $35k.. The DC area has been out of control hoovering up the nations wealth for the last 40 years.