Economics 101: Supply and Demand

The Veterans Administration is the second largest government employer. The first is the Department of Defense. The VA employees 377,805 persons. The Department of Defense employs about 1.3 million persons on active duty, and 800.000 on military reserve. As of 2014, there were approximately 21.8 million veterans. Veterans of what? War!  Or perhaps a Police Action, or some activity where people get injured. Regardless of the name, we have a very large VA to service a very active Department of Defense. The Department of Defense offers a constant supply of veterans to service the employment needs of the Veterans Administration. Now that is a classic example of a supply and demand economy.

Thomas Golden, March, 2018

 

 

Comments

comments

Leave a Reply