Current Event Lay Offs in Term Paper

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The announcement made by Governor Paterson revealed a federal desire for downsizing, rather the downscoping. The latter concept, understood as a reduction in the operations and diversity of the organizational activities, is not on the agenda of the governor. Paterson also discussed his desire to conduct the restructuring process with the collaboration of the unions, but he was discomforted by the resistance of the unions.

From his standpoint, the union leaders are too stubborn and selfish to understand that the American country, society and economy face a greater danger. Up until this point, the union leaders have stopped Paterson's from creating $250 million savings to the state budget from retirements and lay offs. He even argued the necessity for early retirements, but the people did not answer to this request either.

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As a parenthesis, this encouragement for early retirement is highly unconstructive in the context of an aging population, the retirement of the baby boomers and the subsequent financial pressures these pose on the federal pension budget.

Nevertheless, Governor Paterson believes that restructuring through downsizing is the single most useful means of creating economic stability. "Mr. Paterson has said he is not trying to coerce workers into grantinc concessions. "I would like everyone in the public to get the message that our economy is in peril," Mr. Paterson said in June, "that our state ran out of money in December for the first time in history." (Roberts, 2010)......

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