Wednesday, July 13, 2005
to Meet Current and
Statement of David M. Walker
Comptroller General of the United States
A clear statement of the fiscal problem created by Federal spending, a call for reexamination of Federal spending patterns, then a Game plan less than perfect. The basic component of this Plan is to turn the Federal Government into a high performance organization (Good Luck!). The Comptroller General even defined what a high performance should consist of or be able to do:
GAO forum broadly agreed on the key characteristics and capabilities of
high-performing organizations, which can be grouped into four themes:
• a clear, well-articulated, and compelling mission;
• focus on needs of clients and customers;
• strategic management of people; and
• strategic use of partnerships.
Are We talking bureaucracy or what?
This Author has an alternate Plan for high performance which he has seen work. One starts by calling in all management personnel, and go over a specific defined Plan:
1) Each Department will be assigned an X number of Labor elements, based upon needs of fiscal solvency.
2) Each Manager will set up his Schedule and operating procedures based upon this X number of labor elements.
3) If Public, Client, or Customer begins to scream, they will be screaming at each personal Manager, not the Program head.
4) If the Public, Client, or Customer begins to scream at the Program head, the individual Manager's Replacement will arrive within Days, if not hours.
5) In the context of any Cost Overrun in Operations, the individual Manager's Replacement will arrive shortly after the Accounting is accomplished.
The Comptroller plan would assure more Staff labor than Field Workers. The later plan of the Author provides some Worker incentives.
Thursday, July 14, 2005
Supply-side Economics and Recent Real GDP Growth
By PGL at Angry Bear
PGL has provided a good Post plus table on GDP growth rates under the Bush Tax Cuts.
Remember real GDP (figures in 2000$ on an annualized basis) in 2005Q1 ($11096.2 billion) versus where it was in 2000Q4 ($9695.2 billion), that is, 17 quarters ago.
as you study the table (when Growth rate is 0.80%--Potential GDP of $11,102.1 billion). lgl