© 2021 WYPR
20th Anniversary Background
WYPR 88.1 FM Baltimore WYPF 88.1 FM Frederick WYPO 106.9 FM Ocean City
Play Live Radio
Next Up:
0:00
0:00
Available On Air Stations
WYPR 106.9 Eastern Shore will be broadcasting at reduced power during the day until further notice to complete tower work. All streams are working.

The Era of Big Government - 8/19/16

You’ve heard it before – politicians and others railing against big government.  But data indicate that the era of big government has actually been fading.  For instance, as reported by Bloomberg, there are nearly fifteen million more workers on nonfarm payrolls now than there were at the end of two thousand and nine. 

However, there are three hundred thousand fewer government workers.  This figure accounts for the local, state and federal government work forces.  As a consequence, government’s share of nonfarm employment has fallen to a bit less than fifteen point four percent. 

The last time government’s share of nonfarm employment was that low was in nineteen fifty nine.  Much of this is because of a shrinking federal government.  The federal government’s share of overall employment is lower than it has been at any time since the Bureau of Labor Statistics began counting in nineteen thirty nine. 

That figure doesn’t include military personnel or employees of federal intelligence agencies, however.  While government employment has declined, people working for government contractors has increased.  The Department of Defense paid for a reported six hundred and seventy thousand full time equivalent positions among service contractors in twenty twelve.    

Anirban Basu, Chariman Chief Executive Officer of Sage Policy Group (SPG), is one of the Mid-Atlantic region's leading economic consultants. Prior to founding SPG he was Chairman and CEO of Optimal Solutions Group, a company he co-founded and which continues to operate. Anirban has also served as Director of Applied Economics and Senior Economist for RESI, where he used his extensive knowledge of the Mid-Atlantic region to support numerous clients in their strategic decision-making processes. Clients have included the Maryland Department of Transportation, St. Paul Companies, Baltimore Symphony Orchestra Players Committee and the Martin O'Malley mayoral campaign.