If you look beneath the news the biggest increase in employment in the last two years belongs to government. Now the alarming thing about that is the only way they can get money is from, you guessed it, US. So growing government is the same thing as growing your headquarters if you are a corporation ... they're not selling anything.
Of course the government is selling anything either (unless of course you count bullshit). But they continue to grow and if the healthcare bill goes through as the maniacs plan government employment is going to skyrocket even more.
So you'll see my surprise and concern when I was reading through Inc Magazines recent publication of the Inc 500. the 500 fastest growing companies in America. I was reading through the list and for each business on the list they tell you what industry they represent. The surprise was that so many of the business's obtained their entire sales volume, companies from a $1,000,000 in sales to over $400,000,000 in sales, from what they called 'Government Services". Think about that ... they provide services to the US Government and in one year became one of the 500 fastest growing companies in America.
The Inc 500 employ 45,324 people. That's nice. The single largest group of employees in one segment, Government Services, employ over 7,000 people or 15% of all employees although they represent 12% of the revenue. What is concerning is that our government employees are growing at an astronomical rate, and here we see private enterprise supporting the government is growing as fast or faster.
An interesting fact about these fast growing companies sucked on to the side of the Mother Ship produce income per employee of %18,571 per person; while the rest of the Inc 500 produced income of $29,228 per person. Umm?
Its time for a heads up. We need to pay attention to the important and do something about it.
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