[Pearls Before Swine]

Obama’s government is so smart that a mere $500 MM will reinvent and reinvigorate the manufacturing economy. What hubris!

Every day, in every way, our government comes up with new and ever more imaginative ways to waste money.

[ProtectOurFreedom]

Obama’s government is so smart that a mere $500 MM will reinvent and reinvigorate the manufacturing economy. What hubris!

Indeed. $5.3 Trillion in output in 2007 according to Census Bureau for NAICS 31 - 33 (below). Looks like pretty good growth in manufacturing from 2002 to 2007 without any "reinvigoration" by Fedzilla. I wonder who was governing the United States during those years?

Industry Ratios	2007	2002
Total shipments (Mil $)	5,319,460	3,916,137
Shipments per establishment ($000)	15,997	11,163
Shipments per employee ($)	397,102	266,412
Shipments per $ of payroll ($)	8.67	6.80
Annual payroll per employee ($)	45,818	39,197
Employees per establishment	40.3	41.9
Shipments per capita ($)	17,655	13,610
Establishments per million residents	1,103	1,219