McGentrix wrote: I didn't realize the construction and manufacturing industries were all one company. That is definitely news to me.
So when did I say they were?
The Federal government is an industry by itself. It is also the only entity in that industry. As such, we are free to look at it as a single entity, or as an industry.
I am sure that both you and LoneStarMadam have read many, many articles over the years where entire industries are treated as employers. How many times have you read something like , "the insurance industry is the largest employer in such and such a place", or "the pharmaceutical industry employs (blank) workers in the state", or "the oil industry is the largest employer in this section of the state", etc. Yet almost all industries contain many different companies-but that does not make it unusual for people to commonly talk of the entire industry as an employer.
Lone Star Madam is trying to make the Federal government appear huge, by saying it is the largest employer in the country, full time employees counted. I am sure this is true. But since it is also an industry, I decided to take the other common perspective and point out that as an industry, the Federal government employs far, far fewer people than a number of other industries. Which is also true.
McGentrix wrote:One could say that 3.3% is almost 4%, huh?
No, one could not. In a different thread, I tried to give one of
your sources, and you, the benefit of the doubt when he claimed that GDP growth was edging up on 4.0%. As proof, you posted a figure of 3.8% growth in the "current dollar" GDP. To keep from splitting hairs, I graciously granted you the notion that 3.8% was close to 4.0%, in order to deal with the more important fact that the higher "current dollar" figure for GDP growth is
never given without explanation-instead the real GDP growth figure is given. In this case, the real GDP growth figure was 2.0%.
Exactly how you figure this adds up to my saying 3.3% is almost 4 percent is a mystery.
McGentrix wrote:Your post makes no sense. How can you compare what LSM is discussing with what you are trying to say here?
Well, I just did. And I didn't pull any fast ones, either. It is very, very common to talk of an industry with many different companies as a single employer, as I did here.
LoneStarMadam, this answers you as well.