We now have our smallest government in 45 years
Since the official end of the Great Recession, America's public sector has shrunk. And shrunk. And shrunk some more. We've said goodbye to about 600,000 government jobs, handing the economy a nasty self-inflicted wound in the process.
But how small has our public sector really become? Here's one way to think about it: Compared to our population, it hasn't been this size since 1968. Your dreams are coming true Baby Boomers. We're almost all the way back to the Summer of Love!
First, credit where it's due. The Hamilton Project has produced a beautiful graph illustrating the government employment to population ratio. As it shows, there are now fewer public sector employees per American than at any time dating back to the Carter administration (To be clear, we're talking state, federal, and local here).
Read more of this story at The Atlantic.