Microsoft reported today that it plans to cut 5,000 jobs over the next 18 months. Intel announced yesterday it was cutting 6,000. Many others have announced cuts recently.
One thing you never hear is that government is cutting jobs.
California's government especially needs to cut but it just isn't done. California's government workers are unionized and they buy legislators by financing their elections. The legislators aren't about to fire them, which is why we always hear that taxes need to be raised.
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