American factories had busiest-ever year in 2005

[RubberFrog]

I thought the libs said the economy was tanking?<br /><br /> MSNBC

 

[JRJ]

Re: American factories had busiest-ever year in 2005

Yea ,but everybody knew it was the wrong info

 

[Haut Medoc]

Re: American factories had busiest-ever year in 2005

Must be all them illegal immigrants buying stuff ....JK

 

[heycods]

Re: American factories had busiest-ever year in 2005

Where is Tx when your looking for him?

 

[RubberFrog]

Re: American factories had busiest-ever year in 2005

Yeah, I was trying to bait the winner into commenting....<br /><br />lol @ JK

 

[QC]

Re: American factories had busiest-ever year in 2005

Well it says right there in the headlines "big ticket items". Clearly this shows that the only people who are enjoying this boom are rich . . . <br /><br />Just giving txs a little help for when he takes the bait. Did I miss an angle?

 

[rolmops]

Re: American factories had busiest-ever year in 2005

Ok I'll take the bait.<br />Nothing is half as good for the short term economy numbers as a good old fashioned war.<br />If not for the militairy ordering where would those numbers be??<br />Why are the big car makers laying off people and fighting bankrupcy if they never had it so good????<br />Something has got to give.

 

[LubeDude]

Re: American factories had busiest-ever year in 2005

Originally posted by rolmops:<br /> Why are the big car makers laying off people and fighting bankrupcy if they never had it so good????<br />

Somewhere in the neighborhood of $1,500.00 per vehicle sold goes to pay retirement for older workers. The forein manufactures dont have that burden. I look for GM to Go Bankrupt just to be able to start over. This will not be a good thing for retirees. They lost something like 5 Billion this first quarter, thats with a "B"!<br /><br />The economy is roaring along, I firmly beleive that the government is allowing the fuel to go up to hold it back instead of raising the interest rates.

 

[BoatBuoy]

Re: American factories had busiest-ever year in 2005

The article talks in terms of "durable goods". Are there any these days? Or is that right up there with "military intelligence" and "government help". <br /><br />Seems like everything is disposable, dispensable, or encumbered with built-in obsolesce.

 

[ufm82]

Re: American factories had busiest-ever year in 2005

Just one more thing that the libs are wrong on to add to the list. <br /><br />Big car companies are laying people off and cutting jobs because of promises made 20 years ago. The current market is being very good to Toyota. (Check their numbers- good profits and market share) Unions have forced GM and Ford into the situation they are in now, along with poor management decisions. <br /><br /> While it is true that a war helps the economy, this war is on such a small scale that I doubt it is having that much of an effect. The fact is, other than gas prices, things are good right now. Manufacturers are seeing the benefits of Bush's tax cuts and they are plowing money back into the business. The markets I am involved in are doing very well- the hurricanes in the South have opened up huge opportunities for contractors down that way. <br /><br /> There are a lot of factors in the economy that aren't one or two year issues. Many go far beyond the current timeline. <br /><br />UFM82

 

[Haut Medoc]

Re: American factories had busiest-ever year in 2005

That trillion dollars went somewhere ...JK

 

[PW2]

Re: American factories had busiest-ever year in 2005

One of the biggest reasons is the devaluation of the dollar.<br /><br />In Canada we went from a 67 cent Cdn Dollar to an almost 90 cent Cdn dollar<br /><br />In Europe, we went from a Euro worth 89 cents to being worth $1.23<br /><br />You cannot take one isolated factoid, like factory production, and come up with some conclusion, unless your goal is to deceive.<br /><br />The truth is there are some parts of the economy doing ok, and some not so much. And we still have a deficit of almost 1/2 trillion dollars annually, which will be dratatically affected negatively by higher interest rates.

 

[18rabbit]

Re: American factories had busiest-ever year in 2005

Originally posted by RubberFrog:<br /> I thought the libs said the economy was tanking?

Don't think it is the libs, per se. Using the analogy of a clock; if you look at the insides, you see the springs are compressing, the gears are turning, and the hands are moving. But from the outside, the clock doesn’t keep the correct time. That’s our economy, the broken clock. Economists looking from within the US see everything working. But economists looking from the outside, from a global perspective, see it as a failure.<br /><br />Choose the perspective you are most comfortable with, but keep in mind that we live in a global economy. You may also want to review what has happened with the value of the Euro vs the US dollar in the last few years. Hint: it ain’t that Europe’s economy has gotten that much better; it’s that the US dollar has tanked that much in the global economy.