Short-term, that's certainly true. Long-term, we'd just have to take the many productive jobs that require our skills, but actually expect us to work hard (Yuck).

Man, no doubt! For those that don't know, without government (Fed or State) a pretty good percentage of economists would be unemployed. 

TNStacker

Also, having some first hand contact with Fed economists, I'd say they are absurdly overstaffed from a more conventional standpoint, as well.

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Why Musk Is Wrong About the Fed Being ‘Absurdly Overstaffed’

Basically what I was going to say.

Also, having some first hand contact with Fed economists, I'd say they are absurdly overstaffed from a more conventional standpoint, as well.