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alstry (35.35)

Welcome to Change......Prepare for the PAIN!!!

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July 22, 2009 – Comments (9)

Furloughs taking toll on local government workers

They are the lucky ones – the municipal workers who still have jobs and readily acknowledge their good fortune.

But government downsizing takes a toll: reduced hours, increased workloads because of layoffs and early retirements, and reduced pay. The state's tentative agreement for solving its budget crisis adds more pressure.

In Folsom's Finance Department, they sit in quiet cubicles, hurrying to meet the deadlines of payroll processing. They work faster these days because unpaid furloughs have squeezed available work hours.

In Woodland, they hold forth in the public lobby of the Yolo County Department of Employment and Social Services, offering guidance to a stream of people desperate for help.

These workers, like their counterparts in Lincoln, Sacramento and elsewhere, are carrying out the work of formerly larger staffs. They are the faces of hard times in city and county government.

Increasingly, stress is the standard outcome.

How do they unwind from the intensity of their jobs?

"We go home and go to sleep," said Sharon Heckley, Folsom disbursements specialist. "I am in bed by 8 o'clock."

"We're totally exhausted," said Jackie Schrader, a city Finance Department accountant who spends half her time in payroll and half in accounting.

http://www.sacbee.com/topstories/story/2045125.html

The above is just the beginning.....we still haven't seen the effects of the upcoming cuts.....

 

Roads will be rougher, classrooms fuller and textbooks more tattered. The odds of encountering someone fresh out of prison will almost certainly be higher.

If the budget deal crafted by Gov. Arnold Schwarzenegger and top legislative leaders is passed by the Legislature and survives the inevitable court challenges, California will undergo perhaps the biggest downscaling of government in its history.

Students and the poor will notice the biggest changes from downscaling of the government.

Those who will notice the biggest changes will be students and the poor as class sizes increase and health and welfare benefits shrink. The pace of government-sponsored redevelopment will slow, and some state parks will close.

"These cuts are real, they're going to be felt, they're going to be seen," said state Supt. of Public Instruction Jack O'Connell.

http://www.latimes.com/news/local/la-me-impact22-2009jul22,0,2501792.story

Guess how many millions of students and poor in California are going to "feel" the cuts....while trillions go to the banks......

And now we are going to release prisoners, prosecute fewer crimes, and there is no employment available even for those that want to work.

9 Comments – Post Your Own

#1) On July 22, 2009 at 2:57 PM, TheClub55 (< 20) wrote:

I love this article, it full of unintentional comedy… like the government worker complaining about working a full day.  I find this too funny, but then again I am one that thinks government could shrink at least 20% w/out a reduction in service – if they had any incentive to perform.

 

As for colleges, they have been growing above inflation for too many years to count, mainly b/c they are subsidized by government w/ loan program, grants, etc.  It maybe tough for the short-term but adjusting tuition in line w/ reality will benefit my young kids in the future.

 

 

 

 

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#2) On July 22, 2009 at 3:19 PM, ralphmachio (24.78) wrote:

The gov't could shrink 40% and still never squeeze their fat @$$ into the petit skirt of the constitution.  Goooood Riddance.  There are plenty of people in jail that do not belong there.

It's not quite helter Skelter yet, big A.    

The banks have somehow convinced us we are best off giving our money to them to keep them afloat after charging us 20$ to bounce a check for as long as I can remember.  

There is no abuse suitable for the bankers.  They should be flogged while hung upside down with their head sharing a cage with a wolverine. 

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#3) On July 22, 2009 at 4:55 PM, debtRichQuick (< 20) wrote:

Alstry,

I can't figure out what they mean by "Accounting trickory".  How does a local Gov make $10-$15B disappear???  Sounds more like they are burrying part of the problem until next year.

09.09 is near, and for the mean time, the techno trance has disorientated Ghoser to the near 9,000 mark.  

I definitely understand your theory though. If all the companies that support GDP are having their sales drop 25-50%, that means GDP's should be right behind it.

You would think with the massive drop in sales, we'd be seeing deflation not inflation. Extended periods of excess supply...like the one we're in, creates deflation.  In theory rates would fall right? Better to hold a treasury at 2% than a $100 bill at 0%. I would think the gov would want to secretly create deflation speculation in the treasury market fueling a free finance.

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#4) On July 22, 2009 at 5:24 PM, alstry (35.35) wrote:

debt,

Based on my survey with a number of accountants and small business owners, it appears that small business is suffering revenue declines even more severe than the larger counterparts.

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#5) On July 22, 2009 at 5:55 PM, debtRichQuick (< 20) wrote:

One thing is certain. Lots of little onwer-operator late night cafes are opening, street/parking-lot vendors are becoming a norm, and so are pot-holes in the roads. This is very similar to where I grew up.

 I'm hoping we don't deleverage to the point were we are washing our clothes by hand and bribes are needed to get just about any one gov employee do their job.

It was nice while it lasted....

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#6) On July 22, 2009 at 8:00 PM, finabuddy (96.46) wrote:

alstry - you do market surveys too? Wow is there anything you cant do?

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#7) On July 22, 2009 at 8:19 PM, fmahnke (91.61) wrote:

Alstry,

I respect your opinion, but having spent as much time as I have in State, County and Municipal Gov't admisinstrative offices as I have, my only comment is that it is about time that they hussle for once,  Unbelievable laziness and complacency waiting for their pensions to kick.

Reducing Gov't expense is a key step in fixing the problems you've been telling us about

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#8) On July 22, 2009 at 10:34 PM, AdirondackFund (< 20) wrote:

Alstry,

 

This one's done.  We really got them good this time.  This Depression is going to last at least another three years and after that Government across the Nation will become a hollowed out shell of it's former self, particularly at the local level.  

What's even more interesting is the assault coming out of The House against The FED and Goldman Sachs.  We could see a wholesale change in economies with the abolition of The FED itself.  This is all just so much nonsense to begin with, there isn't really any virtue in it worth preserving.  

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#9) On July 23, 2009 at 12:21 AM, AdirondackFund (< 20) wrote:

I Found this link in reference to Witholding Taxes.  Give it a look. 

 

http://www.ritholtz.com/blog/2009/07/withholding-taxes-chart-july-15-2009/

 

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