Saturday, September 17, 2011

Who Runs Government

From: The Washington Post ( Who Runs Government )

Treasury Department:

Why It Matters At a Glance


Head: Treasury Secretary, Timothy Geithner

# of Employees: 110,000

2009 Budget: $12.7 billion

Address: 1500 Pennsylvania Avenue, NW, Washington, D.C. 20220


The four strategic goals listed in the Treasury Department’s 2008 Citizen’s Report are: manage the U.S. government’s finances1; set conditions to assure the U.S. and world economy perform at maximum potential2; prevent terrorism and promote national security through strengthened international financial systems3; and management and organizational excellence4.

To achieve these goals, the secretary has at his disposal the Office of the Comptroller, the U.S. Mint5, the Internal Revenue Service, the Bureau of Public Debt6 and dozens of other offices housed both inside and outside of its Washington headquarters7.

source:


footnoted comments:

1.  And, how’s that been workin’ out?

2.  Really? We’re responsible for international   finances, as well as our own; bad   idea, high      risk, lack of “payback”.

3.  ie. Handing over hundreds of billions of our tax   payers dollars to foreign governments who      keep the money for themselves in Countries        that don’t particularly like us.

4.  More then any other, this is the major failure that       has occurred over the    past 20-30 years

5.  Well, I guess someone’s got to do it.

6.  Isn’t this redundant? Or, am I missing something?

7.  Dozens?? Inside, and outside, HQ?? You have to be kidding me!

Monday, September 12, 2011

About the Manufacturing sector

"BELIEVE IT, OR NOT WE USED TO ACTUALLY MANUFACTURE STUFF HERE IN AMERICA."
About the Manufacturing sector
The manufacturing sector is part of the goods-producing industries supersector group.
The Manufacturing sector comprises establishments engaged in the mechanical, physical, or chemical transformation of materials, substances, or components into new products. Establishments in the Manufacturing sector are often described as plants, factories, or mills and characteristically use power-driven machines and materials-handling equipment. However, establishments that transform materials or substances into new products by hand or in the worker's home and those engaged in selling to the general public products made on the same premises from which they are sold, such as bakeries, candy stores, and custom tailors, may also be included in this sector. Manufacturing establishments may process materials or may contract with other establishments to process their materials for them. Both types of establishments are included in manufacturing.*
                                                           *North American Industry Classification System

The manufacturing sector consists of these sub-sectors:
            Food Manufacturing
Petroleum and Coal Products Manufacturing
Chemical Manufacturing
Computer and Electronic Product Manufacturing4

Employment, Unemployment, Layoffs, and Openings, Hires, and Separations
Data series
Back
data
May
2011
Jun.
2011
Jul.
2011
Aug.
2011
Employment (in thousands)
Employment, all employees (seasonally adjusted)
11,710
11,724
(P) 11,760
(P) 11,757
8,221
8,225
(P) 8,253
(P) 8,259
Unemployment
9.6%
9.2%
9.2%
8.9%
Layoffs
270
226
602
25,199
22,986
71,814
Job openings, hires, and separations (in thousands)
221
223
(P) 288
303
300
(P) 275
246
232
(P) 232
Footnotes:
(P) Preliminary

Union Membership and Representation
Data series
Back
data
2007
2008
2009
2010
Members of unions (percent of wage and salary workers)
11.3%
11.4%
10.9%
10.7%

Extended Mass Layoffs
Data series
Back
data
3rd quarter
2010
4th quarter
2010
1st quarter
2011
2nd quarter
2011
265
382
(P) 305
(P) 247
39,171
66,428
(P) 45,461
(P) 34,974
(R) 47,128
77,311
(P) 50,370
(P) 32,181
Footnotes
(R) Revised
(P) Preliminary

Employment by Occupation
Data series
Employment,
2010

253,910

281,190

280,120

91,790

693,27
source credit:
U.S. DEPT. OF LABOR / BUREAU OF LABOR STATISTICS

"With real unemployment at, or near, 20% overall ( much higher for minorities), these statistics are not very 'Hopey/Changey' inspiring. A number of my past blog entries have, for over a year, stated my belief that some sort of Civil Unrest is in our immediate future. I thought it would happen this Summer; my bad. I still cling to the probability that the proverbial poop will hit the proverbial fan. With a Presidential election year coming up, our lack of a viable economy may be just part of the puzzle. At any rate, keep your heads down and keep your 'powder' dry.