🚀 go-pugleaf

"Michael L. Coburn" <mikcob@gte.net> wrote in message news:<ulirvj39gvks00@corp.supernews.com>...
> Jim Blair wrote:
> 
> > VOR <vorcycles@worldnet.att.net> wrote:
> > 
> >>The employment in the manufacturing sector of the U.S. economy is now
> >>approaching levels not seen in 40 years!!! Take a look at the chart
> >>analysis for the U.S. manufacturing employment, unemployment rate,
> >>capacity utilization, and housing starts at
> >>
> >>  http://www.mktcycles.com/econdata.htm
> > 
> > Hi,
> > 
> > So manufacturing employment is dropping but industrial production is
> > rising?  Note that productivity is also rising (and unemployment
> > dropping).
> > 
> > It is taking ever fewer people to make ever more goods?  That is GOOD.
> 
> More Republican tap dancing.  If wages do not keep pace with the value
> of monopoly rights (land, money, patents, etc) 

Just a thought. Patents last for 17 years. At the end of that period
they are worth nothing.
Whether you use straight line depreciation, or more complex methods,
that is a matter for GAAP.
But, and here�s the point, on average a patent is losing 5.8 % of its
value each year.
I�d say most wages in the US economy outperform that.

Tim Worstall


then the vast majority
> are losers.
> 
> http://GreaterVoice.org/econ/economic_decline.php
> 
> This wonderful fall in the price of break rotors is a good
> deal for people who are still paying the same rents they
> were before the price decrease.  Unfortunately, however,
> that is limited to those people who actually _own_ the
> land as opposed to those who are trying buy a home.
> 
> The American people own less equity in their homes than at any
> time since the 1930's.  Most have mortgaged and re financed
> several times in order to keep the Republican economy afloat.
> Consumer debt is higher than at any time in the history of
> the known universe.  Yet Republican apologists continually
> sift through the "data" to find whatever convoluted piece
> of chiken manure they can so as to justify  -- 20 years of
> false prosperity floated on a mountain of debt, culminating
> in "A fascist banana republic with no bananas".