It looks like numbers indicating much bigger layoffs in the future, primarily state/federal workers. What will be interesting is lets say we cut 1-2 million state/federal employees how will the ponzi scheme hold up. In order for a Ponzi scheme to work you need enough people paying in so that others can cash out. A big portion of our workforce is state/federal employees. Our federal/state government have been employing more and more people as private industry was offshoring more and more jobs to Red China etc.. So when we start pulling the final rug, I wonder what the impact will be economically. Since those unemployed workers will not be buying your (Made in mexico,china,india,etc..) product. The irony is lots of private industry make money from the Ponzi thanks to are growing mega federal/state jobforce making up for the lost private jobs.