Well hey, lets sack the rest of the lazy bastards and get the economy really jumping!N8 said:
N8 - Respond to Current Economic Indicators
- Thread starter Serial Midget
- Start date
Could be you could support that statement withN8 said:I thought the increase in productivity and decrease in jobs was due to robots and illegal labor...
But then again it is up 14% over WHAT? Same 1/4 last year? The previous 1/4? The gov't just opened up some considerable tax breaks for Capital investment which could of spurned the investment, which is good, but we still need to know what it is up over?N8 said:
That is just pure CRAP. A sampling of households?? Where, next to a brand new factory? Most credible employment figures are taken from PAYROLL TAX records. Every 1/4 I have to report # of employees Quarter and Year to date Payroll dollars per employee, making the Gov't's labor statistics VERY accurate. The only thing they do not take into account for is off the book employees. (a very small # given the total population)N8 said:
Again this alone is CRAP. 2nd 1/4 is up over what? The 1st 1/4? Last year same 1/4? In addition the statement itself is contradictory. Having lofty inventory levels is a bad bad thing in manufacturing.N8 said:
If they have a crap load of inventory they are gonna have to write that down or take selling losses when the do sell it.I am here to inform, not cut and paste
fluff said:
...we would look like "Old Europe" with 10% unemployment and NO GDP!
Can you find that on a map?N8 said:
It includes the country named Lance and its surrounding area..fluff said:
European nations don't have a gross domestic product anymore?N8 said:
You're even stupider than I thought, and I used to think you were really stupid, so that surprises me.
Silver said:
Well he did say "Old Europe" but that was damn funny none the less
neaky:
I though Old Europe was funnnnnny...
New Europe, by the way, is considered to be most of the eastern bloc countries of the former soviet empire and the EU.
Just an fyi..
Back to the economy, yesterday Al Greenspan confirmed that softness in the economy in recent months owed "importantly to the substantial rise in energy prices." Yet the Fed somehow managed to have its monetary cake and eat it, too, brushing past that economic liability to express optimism about the coming months: The "economy nevertheless appears poised to resume a stronger pace of expansion going forward."
::Edit:: Meant to add the EU to the definition of New Europe...
Just an fyi..
Back to the economy, yesterday Al Greenspan confirmed that softness in the economy in recent months owed "importantly to the substantial rise in energy prices." Yet the Fed somehow managed to have its monetary cake and eat it, too, brushing past that economic liability to express optimism about the coming months: The "economy nevertheless appears poised to resume a stronger pace of expansion going forward."
::Edit:: Meant to add the EU to the definition of New Europe...
Economically poorer than "Old Europe" then?N8 said:
BTW, did you know that since the collapse of Communism in Russia the GDP of the former Soviet Union has declined to match that of the Netherlands? That's a ringing endorsement of private ownership and free market economics. (And that ignores the unemployment figures.)
Is it that OR is it because of piss-poor management and wide spread corruption?fluff said:
That would require rather more time and space than is available here but consider that the same population existed both before and after the changeover and free-market economics theoretically brings the best leaders to the top.N8 said:
And piss-poor management alongside widespread corruption are not exactly unknown phenomena in the West.
I think soviet era Communism is an engained mindset that will take a couple generations to eliminate.fluff said:
While its true that there is some corruption and poor management in the West, generally it is in the minority and doesn't effect the GNP of the nation.
Cop-out.N8 said:
I dunno about the minority...N8 said:
Enron, Worldcom, Global Crossing, the list could go on and on.
fluff said:
And yet the West still out produces and out performs and creates more wealth than any other system on the planet.
*Let's see what happens in the next 30 years in the eastern European countries.
Democratic National Committee
"Believe"
Announcer: Millions of good jobs lost to plant closures and outsourcing.
(Video: 2.7 million manufacturing jobs lost: Source: U.S. Bureau of Labor Statistics, 2001-2004)
Announcer: Yet President Bush protects tax breaks favoring corporations that move their headquarters overseas.
America can do better.
John Kerry's plan: End job-killing tax loopholes, and provide incentives to companies who create good jobs here. Because John Kerry believes we should export American products, not American jobs.
The Democratic National Committee is responsible for the contents of this advertisement.
Humm...
But even Clinton lost manufacturing jobs in his second term. Economists say changing the tax code won't do much to help.
Summary
The Democratic National Committee released an ad Aug. 6 saying 2.7 million manufacturing jobs had been lost under Bush. That's true, but ignores the fact that manufacturing jobs started their decline three years before Bush took office.
The ad also says "Bush protects tax breaks favoring corporations that move their headquarters overseas" and that Kerry would "end job-killing tax loopholes." But as we've said before , "offshoring" accounts for just a small fraction of jobs that are lost, and even Democratic economists say changing the tax code won't end the overseas job drain anyway.
Analysis
The Democratic National Committee ad uses the time-honored tactic of putting the opponent's worst foot forward. It's a one-sided presentation that doesn't give the full picture.
More...
"Believe"
Announcer: Millions of good jobs lost to plant closures and outsourcing.
(Video: 2.7 million manufacturing jobs lost: Source: U.S. Bureau of Labor Statistics, 2001-2004)
Announcer: Yet President Bush protects tax breaks favoring corporations that move their headquarters overseas.
America can do better.
John Kerry's plan: End job-killing tax loopholes, and provide incentives to companies who create good jobs here. Because John Kerry believes we should export American products, not American jobs.
The Democratic National Committee is responsible for the contents of this advertisement.
Humm...
But even Clinton lost manufacturing jobs in his second term. Economists say changing the tax code won't do much to help.
Summary
The Democratic National Committee released an ad Aug. 6 saying 2.7 million manufacturing jobs had been lost under Bush. That's true, but ignores the fact that manufacturing jobs started their decline three years before Bush took office.
The ad also says "Bush protects tax breaks favoring corporations that move their headquarters overseas" and that Kerry would "end job-killing tax loopholes." But as we've said before , "offshoring" accounts for just a small fraction of jobs that are lost, and even Democratic economists say changing the tax code won't end the overseas job drain anyway.
Analysis
The Democratic National Committee ad uses the time-honored tactic of putting the opponent's worst foot forward. It's a one-sided presentation that doesn't give the full picture.
More...
LordOpie said:
