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Article #1906Re: MANUFACTURING EMPLOYMENT DROPS TO 1962 LOWS!!!!
From: Michael L. Coburn
Date: Tue, 13 Aug 2002 20:41
Date: Tue, 13 Aug 2002 20:41
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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) 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". -- Mike Coburn "It's the tax system, stupid. No, it's the ludicrous banking system. Well, actually, its both. With proper consideration we find these injustices are made possible by the lack of representation of The People in their government". -- http://GreaterVoice.org
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X-Google-Language: ENGLISH,ASCII-7-bit X-Google-Thread: fd5f7,c3d583e9355a6cc0 X-Google-Attributes: gidfd5f7,public X-Google-Thread: 105543,c3d583e9355a6cc0 X-Google-Attributes: gid105543,public X-Google-Thread: 10f7bc,c3d583e9355a6cc0 X-Google-Attributes: gid10f7bc,public X-Google-Thread: fea97,c3d583e9355a6cc0 X-Google-Attributes: gidfea97,public X-Google-ArrivalTime: 2002-08-13 13:49:31 PST Path: arc1-ca.pugleaf.net!archiver1.google.com!news1.google.com!sn-xit-02!sn-xit-01!sn-post-02!sn-post-01!supernews.com!corp.supernews.com!not-for-mail From: "Michael L. Coburn" <mikcob@gte.net> Newsgroups: sci.econ,misc.invest.technical,uk.finance,aus.invest Subject: Re: MANUFACTURING EMPLOYMENT DROPS TO 1962 LOWS!!!! Followup-To: sci.econ Date: Tue, 13 Aug 2002 13:41:16 -0700 Organization: Posted via Supernews, http://www.supernews.com Message-ID: <ulirvj39gvks00@corp.supernews.com> References: <22rqkusrldi6ji1e4uv1td3rtfd6qtqsk3@4ax.com> <ajbja7$n54$2@news.doit.wisc.edu> User-Agent: KNode/0.6.1 MIME-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7Bit X-Complaints-To: newsabuse@supernews.com Lines: 49