“The Great Depression, like most other periods of severe unemployment, was produced by government mismanagement rather than by any inherent instability of the private economy“.
Milton Friedman
For decades, America’s public-sector workers have been coddled and spoiled. The recession may change that and bring into this work environment a private sector mentality. The Government has been trying to lure in highly talented individuals of workers and management to instill a highly motivated culture in government workers, but again no one agency was dedicated to overseeing this strategy so the unions and the cradle to death mentality of workers and managers were never addressed. Maybe now with the high unemployment rate and recession the government will become serious about breaking the backs of this bulging bureaucracy. Also, let’s not blame the individual workers, they are struggling just like all other workers in this country and were never taught or incented to be highly productive.
The following is an article worth reading in The Economist about this subject.
