Trump To GUT Bloated Federal Workforce with Buyout Offer

Chris dives into the White House’s new plan to offer federal workers a choice: return to the office or resign with eight months of pay and benefits. Could this be the key to cutting government bloat and reducing inflation? Markowski breaks down why Democrats are panicking, how unnecessary bureaucracy drives up costs, and why this move could be a game-changer for taxpayers. www.watchdogonwallstreet.com

Episode Transcript

Speaker 1 (00:00):
The Watchdog on Wall Street podcast explaining the news coming
out of the complex worlds of finance, economics, and politics
and the impact it we'll have on everyday Americans. Author,
investment banker, consumer advocate, analyst, and trader Chris Markowski.

Speaker 2 (00:16):
Merry Christmas, everybody. Yeah, listen, I said it yesterday. It's
like Christmas every single day. Yeah. We got a federal
worker buyout. This is a beautiful thing.

Speaker 1 (00:27):
Yep.

Speaker 2 (00:27):
White House gave federal workers a choice either returned to
the office full time or resign and get paid for
the next eight months. Again, they're putting that carrot in
front of these federal workers. They're starting to think to them,
so I got to go on vacation for the next
eight months. Oh man. They're expecting five to ten percent

(00:49):
of the federal workforce to take this deal. I hope so,
oh man, I hope it's more. I mean, this is
a great way of cutting call us. The Office of
Personnel Management told federal workers that they have n't till
February sixth to decide how to proceed. If they step down,
they will continue to receive all pay and benefits and

(01:10):
will be exempt from in person requirements until September thirtieth.
Yea even then, though, but the Trump administrate made clear
that even those government employees who stay could still eventually
lose their jobs as a president works to downsize the
federal government. At this time, we cannot give you full

(01:33):
assurance regarding the certainty of your position or agency. But
should your position be eliminated, you will be treated with
dignity and will be afforded the protections in place for
such positions. Again, genius, genius. Again, Democrats are flipping out.
They're flipping out of this is their constituency. They love

(01:56):
all of this big government stuff. We did a podcast
not too long ago talking about all of the empty
real estate and the waste that's involved. You know, in
business they say, you know, there's an eighty twenty rule sometimes,
you know, and these are sometimes businesses that are involved
sales where eighty percent of the work is done by

(02:17):
twenty percent of the people. Government. It's much much worse
than that, and we all know it. We all know it.
Half the government workforce could disappear, okay today today, and
you wouldn't know, wouldn't affect your life at all, as
a matter of fact, wouldn't bother you at all. Oh,

(02:39):
I know they're telling you all you're not going to
get your passports and you're not going to be able
to go to Yosemite. What a line a bunk. We've
talked about this before. Whenever we have government shutdowns, they
always talk about, oh, you know, government's going to be
limited to essential workers. You know what, I have a
business and every day only essential workers come in. Yeah,

(03:01):
meaning everybody that works at my company is essential. If
they're not essential, they're gone. Yeah, that's how government should
be run. But no, it's it's become a major constituency.
It's being a place where you can go and have
get paid more than the private sector for all of

(03:21):
these protections. Can't get fired unless I don't know, you,
you know, you blow up a building or something like that.
Who knows, you got to really screw up, accidentally set
a fire. I don't even know if that will do it.
But that's the problem. Okay, that's the issue. Government workers
should be like any other worker out there, either you
get it right or you get eliminated worker protections. What

(03:46):
why why if you're not doing your job, you're sitting
on your ass, you're lagging around the office, you should
be gone, and you know, God willing, you know this
will continue and we'll see Governor mean shrink. Guess what
That will bring inflation down, That will bring mortgage rates
down more than anything that the Federal Reserve is going

(04:09):
to be able to do. The United States all of
a sudden being fiscally sane. It's a novel concept. But man,
you know, off to the races. Watchdog on Wall Street
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