Economy

rodbolt

Supreme Mariner
Joined
Sep 1, 2003
Messages
20,066
Re: Economy

while certain sectors of our economy are in fact booming certain others are failing. the areas that are failing are in steel,aluminium,large manufacturing and oil processing and refining with some pharmicutical manufacturing all being taken outside the US. the problem with that is once the chinese and some other areas actually see and experience our production methods and teqniques it wont take long to copy it.<br /> most the world is not filled with stupid folks. most have rather repressive governments. once the concept of say an airplane or a washing machine a dryer or a refridgerator is seen in another country its not long until its reverse engineered,copied and manufactured cheaper someplace else.<br /> look at GE,Westing house and fridgedair and see how many facilities have shut down here and quietly been moved and in some cases consolodated in mexico and central america.<br /> I watched Scott mccellan on the TV last night babbling about more Jobs and high payiong ones but he again refused to answer simple questions asked by reporters as to what kind of jobs and where.<br /> a 9 dollar an hour jobs is about a teat on a boar hog today. a college student cant live on it.<br /> in my area rent on a 30 yr old 3 bedroom house averages about 1200 per month, a new home will start at 250K.<br />two people making 28K a year cant afford it. so they finance themselves to the hilt with cars,housing and insurance then cant afford anything else and if their pay gets a hiccup its off to bankruptcy court.<br /> and the oftimes predatory practices of the lending community does not help.<br />but I want to know where the good paying Jobs are? maybe some of the posters here can shed a bit of light on it. by good paying I mean a wage that allows for buying a house,raising two kids and still set aside for retirement.<br /> in my area it means an income of 60 K or so.
 

kenimpzoom

Rear Admiral
Joined
Jul 13, 2002
Messages
4,807
Re: Economy

Originally posted by technosubjectchanger:<br />
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....
Txwhiner implied that those on the right are blind to a failing economy. Therefore I asked what he would do differntly and offered the left wing ideas as an example.<br /><br />Ken
 

bootle

Lieutenant Junior Grade
Joined
Jan 2, 2006
Messages
1,028
Re: Economy

Ford and GM have evolved into financial institutions that also happen to manufacture automobiles, the existence of these two companies are dependent upon their symbiotical halves.<br />There is plenty of wealth generated by Ford and GM, one only have to look at their offshore investments. ;)
 

PW2

Commander
Joined
Apr 21, 2004
Messages
2,719
Re: Economy

Read "The World is Flat" by Tom Friedman.<br /><br />The world is a dynamic and changing place, and the advantages we long took for granted in this country no longer exist. Like it or not, it is reality.<br /><br />No politician can come up with some magic policy that is going to change that, of whatever political stripe. There are things we can do to help, but there is no way to stop it. We better learn how to adapt to it.<br /><br />And when you hear a simple solution to this problem, you can be assured it won't work, no matter how good it sounds.
 

18rabbit

Captain
Joined
Nov 14, 2003
Messages
3,202
Re: Economy

Originally posted by RubberFrog:<br /> The real economic problem is going to be with Iran. Can you say oil for $100 a barrel?
Can you say $2-trillion?!? That is the estimated bottom line, as it stands right now, for the total cost of the Iraq war if it ended today, Iran not included. Me thinks Iran is next, so toss on another couple $-trillion or so.<br /><br />Every global economist I have heard says the goal is to bring the cost of gasoline to between $5 and $6/gal. That is what is needed to stabilize the global economy for everyone.
 

18rabbit

Captain
Joined
Nov 14, 2003
Messages
3,202
Re: Economy

Originally posted by PW2:<br /> And when you hear a simple solution to this problem, you can be assured it won't work, no matter how good it sounds.
I disagree. It is as easy as shooting the lawyers. Without lawyers, all of the problems go away. I say we try it and see.<br /> :D
 

dogsdad

Lieutenant
Joined
Aug 8, 2003
Messages
1,293
Re: Economy

Originally posted by 18R:<br /><br /><br />Every global economist I have heard says the goal is to bring the cost of gasoline to between $5 and $6/gal. That is what is needed to stabilize the global economy for everyone. [/QB]
Maybe every global economist you've heard has an agenda of some kind. The idea that skyrocketing energy costs will stabilize thew world economy sounds like pure, unadulterated bull**** to me.
 

txswinner

Banned
Joined
Apr 24, 2005
Messages
2,326
Re: Economy

From this thread am I to understand that the Ford failure is not big deal. then why all the action by the market analyst and other venturist. Where will our economy suck 35,000 lost jobs, not counting the fallout to all the suppliers. In a local economy it has been calculated that $1 into the environment generates $5 of business be fore it leaves. Basically the results of econmic attivity such as hires and layoffs have a 5 fold effect. The numbers are hugh.<br /><br />Solution: Build and support tax reform on the working class so that incomes will be enough to support families and make them consumers. Cuts of bonuses to upper management. That is my start.
 

heycods

Captain
Joined
Nov 11, 2005
Messages
3,941
Re: Economy

TXWINNER<br /><br />Solution: Build and support tax reform on the working class so that incomes will be enough to support families and make them consumers. Cuts of bonuses to upper management. That is my start. [/QB]
Sounds like a conservative Democrats talk. that would make you and me and Zell Miller, we cant geter done without a little help, who we going to team up with, ACLU, NAACP,LULAC,or AFLCIO
 

aspeck

Moderator
Staff member
Joined
May 29, 2003
Messages
19,725
Re: Economy

It is not that it is not a big deal, TXS, it certainly is to the ones being laid off, and to the local economies. But it is not the beginning of the end, a death knoll to the US, as we know it. It is a stepping stone, a hurdle, but not an insurmountable wall. It is a place to take look for ways to advance, not run and hid, look for alternative sources of income - a boom for the entrepenuer. Creative people, and there are still many in the US, will invest in alternatives, and life will move on and in the long run probably improve.
 

SoulWinner

Commander
Joined
Apr 16, 2002
Messages
2,423
Re: Economy

I won't lie, I hate to say this, but JB is correct. Anyone who researches this will see that the problems facing the "Big Three" are the UAW and........oh yeah, the UAW. The economy is great (something else you would know if you took the time to look up some gal dang facts). 5 million new jobs, unemployment under 5%, the economy is growing at a rate higher than under Clinton. So shut up about the economy and educate your ignorant self. The best thing that could happen for the American auto consumer would be for the ferderal government to cease all regulation of the auto industry so that entrepeneurs could come into the market and build vehicles that Americans want at a price they can afford. Stupid friggin libs....geeze. With the internet, there is NO reason for you to not know crap.
 

heycods

Captain
Joined
Nov 11, 2005
Messages
3,941
Re: Economy

Originally posted by Toyota Land Cruiser:<br /> I won't lie, I hate to say this, but JB is correct. Anyone who researches this will see that the problems facing the "Big Three" are the UAW and........oh yeah, the UAW. The economy is great (something else you would know if you took the time to look up some gal dang facts). 5 million new jobs, unemployment under 5%, the economy is growing at a rate higher than under Clinton. So shut up about the economy and educate your ignorant self. The best thing that could happen for the American auto consumer would be for the ferderal government to cease all regulation of the auto industry so that entrepeneurs could come into the market and build vehicles that Americans want at a price they can afford. Stupid friggin libs....geeze. With the internet, there is NO reason for you to not know crap.
Gee are we having a bad day? ;)
 

SS MAYFLOAT

Admiral
Joined
May 17, 2001
Messages
6,372
Re: Economy

Want more money for the economy? Then there needs to be a cap put on intrest rates for credit cards. I look at all the money that I pay into intrest and it makes me sick knowing that I could have bought more products with that money. Meanwhile who is the leader in profits? Not oil, but the finacial institutions.<br /><br />Yep, I agree about the lawyers also, but what can we do? Seems like all our politicians are or have been one. Reps from our own peer group?,,,,,bullcrap!
 

heycods

Captain
Joined
Nov 11, 2005
Messages
3,941
Re: Economy

Originally posted by Toyota Land Cruiser:<br /> Yep heycods, but I'm all better now.
You have to learn to be more assertive. Dont hold in your feelings like youv been doing. You might end up with a bad case of ulcers.<br /><br /> If you follow Txs lead just let it come tumbling out. See I bet he dont have ulcers.<br /> ;) :p :p :p :p
 

RPJS

Lieutenant Commander
Joined
Jul 29, 2002
Messages
1,572
Re: Economy

Originally posted by txswinner:<br /> 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.
TX<br />From first hand experiance I can tell you that what Ford are doing will cause a downturn in the local economy for a short while and then you will see a steady increase.<br /><br />Birmingham UK, About 1 year ago the Rover car plant was shut with the loss of thousands of jobs and a knock on effect throughout the area on companies who relied totaly on Rover (in a lot of cases Rover were the only customer), the instant effect on the economy was very major however over the last 6 mths productivity figures for the area are up, spending on the high street is up, unemployment is down and the general feel around the area is upbeat.<br /><br />Apparently the reason for this marked improvment is due to smaller companies firstly being able to find new workers allowing them to expand, also the bosses of companies who served Rover, who had become very lethargic sitting back for the cheque to arrive every month, have been forced to go out and look for alternitive work, which most have done very succesfully. In fact a company on the same estate as me who relied on Rover for 85% of their turnover have had to have an extra 6000 square foot factory built and have taken on 20 more staff because they are doing so well.
 

Drybo

Petty Officer 2nd Class
Joined
Jun 30, 2005
Messages
145
Re: Economy

I believe real world,(U.S.)unemployment is 23%. The gov. has been using the stats from the employment offices which are very misleading. U of Ky. study showed that actual unemployment for Ky. was a staggering 40%, while the St. goverment continues to insist the rate is only 8%. I admit Ky. is one of the top ten poorest states and likley one of the laziest, but the difference between 40 and 8 percent shows one of these sources is way off, and I don't think the university has any reason to mislead. The state gov. counted people that work 1 hr a week as employed,counted only the last 6 months at the unemployment office, did not count the "lost american male of working age (who are homeless or survive by illegal activity or just gave up and live with relatives). As I have a decent job I'm not too concerned about all this but would wish for accurate figures from our Goverment, whatever our political preference.<br /><br /> http://www.exilemm.com/e-sub-realunemployment.shtml
 

RubberFrog

Rear Admiral
Joined
Apr 9, 2005
Messages
4,268
Re: Economy

Unemployment figures are based on those ready, willing, and able to work. They do not include gang bangers, drug dealers, pr0stitutes, etc. They never have. They also don't include stay home moms or children.
 

JB

Honorary Moderator Emeritus
Joined
Mar 25, 2001
Messages
45,907
Re: Economy

What hideous dog . . . .um. . .er. . .RubberFrog said.
 
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