:lol: Lighten up Hoot, it's Xmas. :thumb:

 

I just thought it interesting to predict the future until we see it, that's all. Nothing personal. Just the irony.

 

I too think a lot of Reagan's policies however the deregulation did not help with the S&L issues so it's sometimes finding a balance.

 

Feliz Navidad Hoot. :thumb:

Sorry, Hatz, but I know too much about the current economic situation to see the humor in it. You know what they say - a recession is when your neighbor loses his job but a depression is when you lose yours. I am still working but fewer than 5 hours of my time has been billable since mid-October. I am anticipating major changes at work next month.

 

The S & L failures were a sneeze. What we are looking at today is a persistent cough following exposure to plutonium - and the doctor has prescribed radiation therapy for treatment. At least that's what it looks like from here. :scared:

Sorry, Hatz, but I know too much about the current economic situation to see the humor in it. You know what they say - a recession is when your neighbor loses his job but a depression is when you lose yours. I am still working but fewer than 5 hours of my time has been billable since mid-October. I am anticipating major changes at work next month.

 

The S & L failures were a sneeze. What we are looking at today is a persistent cough following exposure to plutonium - and the doctor has prescribed radiation therapy for treatment. At least that's what it looks like from here. :scared:

 

Sorry if it came across callous Hoot, not my intention.

 

However you have to remember I've known the shape of the economy for 10 years as my area has led VA in unemployment for that time and it once was THE garment and furniture capitol of the state and nigh on the area. So I know too well the non-humor involved, just a little bit longer than your field. :thumb:

Sorry if it came across callous Hoot, not my intention.

 

However you have to remember I've known the shape of the economy for 10 years as my area has led VA in unemployment for that time and it once was THE garment and furniture capitol of the state and nigh on the area. So I know too well the non-humor involved, just a little bit longer than your field. :thumb:

Nothing to be sorry about, Hatz. I moved north to escape the perpetual rotten economy of eastern Kentucky. However, I am afraid that those of us still willing to relocate in pursuit of good paying jobs are quickly running out of US destinations.

 

I have been worried about the loss of manufacturing jobs and the exploding growth of the federal government for many years. I may soon be unemployed but at least I will be able to say, "I told you so" to all of those who have argued that this country does not need a manufacturing base. There is not much need for a service sector when nothing tangible is being produced.

 

Our most efficient and productive steel companies are struggling to keep mills open. The prices of natural resources such as coal are plummeting. I don't know who Congress, Bush, and Obama think is going to be taking out five-year loans to buy new cars as long as consumer confidence continues to plunge.

 

The owner of our company told us last week that many companies that do have orders are having trouble getting products shipped. Why? Because so many containers sitting in China and elsewhere are full of goods that suddenly were left with no American buyers, empty containers have become scarce.

Nothing to be sorry about, Hatz. I moved north to escape the perpetual rotten economy of eastern Kentucky. However, I am afraid that those of us still willing to relocate in pursuit of good paying jobs are quickly running out of US destinations.

 

I have been worried about the loss of manufacturing jobs and the exploding growth of the federal government for many years. I may soon be unemployed but at least I will be able to say, "I told you so" to all of those who have argued that this country does not need a manufacturing base. There is not much need for a service sector when nothing tangible is being produced.

 

Our most efficient and productive steel companies are struggling to keep mills open. The prices of natural resources such as coal are plummeting. I don't know who Congress, Bush, and Obama think is going to be taking out five-year loans to buy new cars as long as consumer confidence continues to plunge.

 

The owner of our company told us last week that many companies that do have orders are having trouble getting products shipped. Why? Because so many containers sitting in China and elsewhere are full of goods that suddenly were left with no American buyers, empty containers have become scarce.

 

That is the gravest concern we all should realize. While NAFTA and Free Trade Act helped on many fronts, it destroyed a huge manufacturing base of employment.

Nothing to be sorry about, Hatz. I moved north to escape the perpetual rotten economy of eastern Kentucky. However, I am afraid that those of us still willing to relocate in pursuit of good paying jobs are quickly running out of US destinations.

 

I have been worried about the loss of manufacturing jobs and the exploding growth of the federal government for many years. I may soon be unemployed but at least I will be able to say, "I told you so" to all of those who have argued that this country does not need a manufacturing base. There is not much need for a service sector when nothing tangible is being produced.

 

Our most efficient and productive steel companies are struggling to keep mills open. The prices of natural resources such as coal are plummeting. I don't know who Congress, Bush, and Obama think is going to be taking out five-year loans to buy new cars as long as consumer confidence continues to plunge.

 

The owner of our company told us last week that many companies that do have orders are having trouble getting products shipped. Why? Because so many containers sitting in China and elsewhere are full of goods that suddenly were left with no American buyers, empty containers have become scarce.

Then some American Co should build new containers .