Economy

[txswinner]

Based on the new Ford motors announcement I question what my friends on the right has advised as our Robust Economy. Folks the economy of our country is not far behind the auto industry.

 

[QC]

Re: Economy

This is a Ford failure, not an economy failure. That's what this guy thinks.<br /><br />What or whom do you blame?

 

[bubbakat]

Re: Economy

Awww QC he is just whinning.

 

[QC]

Re: Economy

You never know, he may have some enlightening explanation . . .

 

[RubberFrog]

Re: Economy

The real economic problem is going to be with Iran. Can you say oil for $100 a barrel?

 

[txswinner]

Re: Economy

Bubbakat have you ever made a remark that was not stupid.

 

[txswinner]

Re: Economy

This type of layoff and downsizing will effect our economy greatly. Less jobs, less money to buy, less cars, less tires, less metal, less plastic, less glass, less material for seats, less profit, less bonuses. Less is less. Maybe someone can enlightment in the positive of this action by Ford. I am listening.

 

[KeltonKrew]

Re: Economy

truly a ford management failure...not the economy.<br /><br />I can't hire enough people. Industry is actually booming....where you been txwinner....<br /><br />ps...bubba's got plenty of good advice...just sit back and listen to him. He tells me "you aint right kk".....and I believe him

 

[txswinner]

Re: Economy

Now KK, I am not disputing that it is caused by management but when I bring that up many want to accuse me of anti big business un-American etc. good to here your bus. is doing good and I am in a period of good fortune as well.<br /><br />However, my business and your could go south and the effect on the USA would be unchanged not so when a corp of this size makes a move of this magnitude.<br /><br />As far as Bubba, glad we both have right to our opinion. Keep up the good work.

 

[Elmer Fudge]

Re: Economy

Originally posted by QC:<br /> This is a Ford failure, not an economy failure. That's what this guy thinks.<br /><br />What or whom do you blame?

I would blame it on the apathy of the American public to be fully informed and engaged in the political system of their country.<br />One only has to observe the percentage of Iraqi citizens going to the polls in comparison to the percentage of Americans doing likewise.<br />It is my observation that American industries have for far too long endorsed, promoted and rewarded the incompetence and the unadulterated greed of its industrial hierarchy.

 

[JRJ]

Re: Economy

Ford is expected to significantly outperform the market over the next 6 months with less than average risk.<br /><br />Damlerchrysler is expected to outperform the market over the next 6 months with very low risk.<br /><br />GM is expected to underperform over the next 6 months.<br /><br />I believe there will be a "correction" in the American auto industry that will actually be good for us consumers.

 

[Codslo]

Re: Economy

I think Tx winner is trying to say its another Enron in the makeing.

 

[kenimpzoom]

Re: Economy

So you think if John Kerry's tax increases were put into place, FORD would have been saved?<br /><br />Please give us your solution.<br /><br />Our economy is fine right now, but if our labor costs dont come down, you can say bye bye to ALL manufacturing jobs.<br /><br />Ken

 

[SS MAYFLOAT]

Re: Economy

No one except Ford knows what their plans are. It is spectulation for the outcome now. Maybe they will be re-tooling for a different breed of car that requires workers with a different kind of training. <br /><br />The real outcome of what is going on with our domestic manufactures will be noticed after the chinese made vehicles arrive in March. Are they going to be of better quality or like the Yugo? And if they are sold at Wal-Mart, we all will be in trouble.

 

[mattttt25]

Re: Economy

i wouldn't call our economy fine, but i'm happy where i am. construction continues to boom, regardless of the prices for raw materials. residential, commercial, doesn't matter- owners are spending the money and building/renovating whatever they can. unfortunately, so is the rest of the world, and therefore driving the costs higher as they suck resources away.

 

[JB]

Re: Economy

The most significant problems Ford and GM are dealing with are retirement checks paid with current revenues and health care for retirees and current employees. There is also an unbelievable program called the "Job Sink" or something like that. . . non-working union members continue to draw paychecks!!!<br /><br />All of those have been forced on them by union demands for cradle to grave prosperity and management decisions to go along with them. Same problem that has Social Security in trouble<br /><br />That has forced the big automakers into acting as a socialist state that "takes care of" everybody, work or not, but levies no taxes.<br /><br />The same will eventually happen to Honda, Toyota, Nissan, VW, etc. who build their cars in USA with American workers and predatory union contracts.<br /><br />American "brand" cars are good cars saddled with a "junk" label that they really earned 30 to 50 yeas ago and haven't shaken. Many of them are built in other countries. Import "brand" cars are good cars, many built in USA by Americans.<br /><br />"American" and "Import or foreign" are useless labels to put on products that may be built anywhere by anybody.

 

[Kwas]

Re: Economy

The problems with GM and Ford are not good for the country. Only time will tell how much it will effect our ecomomy. The doomsayers that are saying that our economy is in bad shape now are just parroting what the left-wingers are wishing that it was. As you may have noticed the left-wingers are NOT saying that the economy is in bad shape or that Bush has lost more jobs than any other president. Dispite all of the jobs lost because of 9/11 and the hurricannes that devistated the gulf coast, unployment is the lowest that it has been in about 35 years.

 

[technostingray]

Re: Economy

Originally posted by KenImpZoom:<br /> So you think if John Kerry's tax increases were put into place, FORD would have been saved?<br /><br />Please give us your solution.<br /><br />Our economy is fine right now, but if our labor costs dont come down, you can say bye bye to ALL manufacturing jobs.<br /><br />Ken

Hi there KIZ. Are you related to my wife? Sounds a lot like her arguments. Edit: Was there a reference to John Kerry in the conversation prior to your post? Let me check....

 

[aspeck]

Re: Economy

Most of the indicators of economic growth are pointing upward. The fear of Iran and $100/bbl oil keeps pushing downward on the indicators, yet they refuse to go down.<br /><br />The fact that Ford will have a large layoff is an opportunity, if looked at correctly. Currently there is capital and employment trapped in a sector of the market that is not giving that great of return. In actuality, it is freeing resources to be redistributed into a more profitable sector.<br /><br />When the market is left to itself, and not influenced by Gov. supports, it does much better. Prices reach a proper supply/demand level and goods and services that are needed are supplied. Resources are also devoted to where they will bring the best rate of return.<br /><br />Here in PA there is talk of the minimum wage going to $6.15 this year and $7.15 per hour next year. That sounds good for those that are making minimum wage, but where is the incentive for them to get better education, look for a more productive job. We are placing unrealistic minimums that thwart the need for growth in people.<br /><br />Anyway, back to the original post, I think the auto industry is a small portion of our economy, but not a model FOR our economy. Our economy will, because of the brilliance of your people, re-alocate these resources.

 

[QC]

Re: Economy

What aspeck said . . .