Not a bad start. I presume that the jobs growth figures would be both a leading and trailing indicator of improvements in other economic factors, like [trailing] rebound in housing starts and increase in manufacturing output and [leading] increased tax revenues to balance the budget/attach the debt?Quote:
Originally Posted by spqrzilla
If you want to use a housing as leading and lagging indicators, you can probably use:
Leading: Look at Supplementary and Substitutes.
look at CAT , DuPont, LOW, HD, etc
Forecast from CEO of DHI, LEN, KBH, PMD, TOL, etc.
Lagging: foreclosure, bank #'s , new home permit, existing home sales. etc. etc,
Funny, CNBC is just talking about the housing.
I just go to the grocery store and the gas station. $80 buys alot less than it used to.
I already said that. Unfortunately to some those are not "facts" , or real numbers.Quote:
Originally Posted by roberth
Until America has factories either reopening, or being built, to mass produce goods here, vs. import, we cannot regain the economic lead we once had.
Has anyone ever considered that prices have gone up because of the Minimum wage increase.
Seriously someone explain to me with crayons how the president effects the price of groceries, directly.
As far as the debt we have been rebuilding FT carson since 2006, we the GOV thought BRAC would be a good idea to house a division where there was not one before. How many of these contracts have bleed over. Times this by many other posts that we had no business rebuilding, Knox, Benning, etc.
I think we all understand that. $80 didn't buy as much in 1980 as it did in 1960, either. Understanding the rate of price increase, and the factors of those increases, is the next step, hench my reference to the CPI. One person's experience is anecdotal. More than that becomes data, and enough data analyzed scientifically becomes information, which is actually useful.Quote:
Originally Posted by jim
Question on part of your statement. What goods do you think we can domestically mass produce economically enough to displace the import of cheap foreign goods?Quote:
Until America has factories either reopening, or being built, to mass produce goods here, vs. import, we cannot regain the economic lead we once had.
The Congressional budget office has a wealth of information about revenue and spending, none of it particularly cheery.
An 8+% increase in consumer prices in a receding economy it a horrible sign, as inflation will skyrocket when the economic growth resumes...
A quick Google yielded this site, which seems to be fairly non-partisan.Quote:
Originally Posted by Scanker19
http://economicsintelligence.com/201...minimum-wages/
Here's another with some statistics:
http://www.forbes.com/2009/07/08/min...my-states.html
Quote:
Originally Posted by Rucker61
Shoes, socks, clothing/textiles in general. Shitcan the unions or not have them involved (Toyota?) and hopefully we could once again have competitive pricing.
Assuming success in de-unionizing the workforce (not a small effort), do you intend that these new and reopened factories pay the prevailing minimum wage?Quote:
Originally Posted by jim
Not to nitpick here, but really? I don't see a "fix," per se, but I do see two differing plans (if you will) to try to help- and I say try to help very loosely. One plan is to ask the top 5% to "pay a little more" in taxes, but no clear plan to reform any programs or help cut government spending (except in defense), claim to be making the market better for jobs, yet not relaxing regulations in some areas where it is needed that hurt job growth, and continued support of those who are unwilling to rise above assistance and staying on the government doll. The other plan is to cut taxes across the board, while still keeping the top paying the same percentage of the taxes (60%), relaxing regulations to help promote job growth, and cut some spending and reform some programs. I'll let you decide which is which- but like "Dirty Harry" Eastwood said "Let's let a businessman try."Quote:
Originally Posted by Rucker61
You want a good gauge on the economy, do what Rooskibar did, look internally at your own household. I know I've seen an increase in most of the things I purchase over the last 4 years that is way out of control... Gas going up the way it has is not on par for "normal."
Here's is a graph to show Denver vs USA Average for the last 8 yrs:
http://66.70.86.64/ChartServer/ch.ga...&Unit=US%20$/G
Quote:
Originally Posted by Rucker61
Have to for success. An idea i would sign on to is become shareholders. We produce and profit, everyone does. This gives incentive for success and with todays social media (for those who use it) Think of the buzz when people say what they did has made them profitable.
Profit sharing worked with 2 small business i was involved in. Give an employee pride for their craft and hope they continue to grow.
Remember that commercial many years ago.
LOOK FOR THE UNION LABEL.
Translate that slogan in to some small business motto.
Pride in ownership, pride in your craftsmanship, Pride in general that is what builds, or use to build, American companies
Gov. Romney's plan depends on tax cuts stimulating the economny sufficiently to make up for the tax revenue shortfall. Unfortunately, that doesn't seem to work. It hasn't in the past (see effects of 1986 Tax Act on 1987, or 1990-1991 recession and it isn't working in Ireland. Non-partisan economists continue to point this out, but the Romney campaign continues to use studies by partisan think tanks.Quote:
Originally Posted by Ronin13
For example:
http://economix.blogs.nytimes.com/20...onomic-growth/
the author is a former advisor to Presidents Reagan and GHW Bush.
Again, that's anecdotal, not data, and certainly not information. Since 2009, I've purchased two cars and a bunch of new hobby gear. We, as a country, narrowly avoided economic collapse after the financial crisis, so I expect things to be wacky. I don't blame either administration for that; it was a big frigging problem that is going to take time to get under control.Quote:
You want a good gauge on the economy, do what Rooskibar did, look internally at your own household.
Can you define "way out of control"?Quote:
.I know I've seen an increase in most of the things I purchase over the last 4 years that is way out of control...
Google "speculators".Quote:
Gas going up the way it has is not on par for "normal."
One of the basic tenets of economics is supply and demand, in that if supply exceeds demand, prices go down, and vice versa. However, the US is a net exporter of gasoline, meaning that the oil companies, who own the product, would prefer to sell gasoline refined in this country overseas, decreasing the available supply to US consumers. Should the government prevent that? Also, look at the rise in gas prices from 2005 to 2008, during some of the best economic times we had. How do you account for that?Quote:
Here's is a graph to show Denver vs USA Average for the last 8 yrs:
http://66.70.86.64/ChartServer/ch.ga...&Unit=US%20$/G
Interesting and commendable plan. I'm not sure how successful you can be, in that unless you're producing cheaply enough to equal or beat Chinese and Indian import prices, you're not going to be competitive. Second, you (and I mean this revitalized industry as a whole) will need to have large enough workforce available to produce to the level required.Quote:
Originally Posted by jim
And unfortunately, nothing prevents the foreign imports from cutting their costs to become more competitive, especially if they have government support. I don't think we'll ever bring low-cost, labor intensive industries back to the US. That's not our forte anymore. High-tech, innovative industries with a technical advantage or high-barrier to entry are the areas we need to grow. That's going to take an educated workforce.
So who are you voting for?Quote:
Originally Posted by Rucker61
Roseanne can fix it! Just look at how rich she is! She must know how to create jobs and stuff.Quote:
Originally Posted by BUC303
Roseanne Barr.Quote:
Originally Posted by BUC303
I posted before I saw this.Quote:
Originally Posted by Teufelhund
Quote:
Originally Posted by Rucker61
And what plan has she come up with?
Unfortunately our Pride in craftsmanship combined with a less than educated work force puts a damper on things.
HOWEVER I can utilize 2 resources that also absorb part of wages until X time into their employment.
1) Disabled vets are offered job services and educational benefits until age 60.
2) OTJ. State and county work force centers offer the On the Job training program to qualified people. The cover up to 50% of thei rwages for X amount of time on the job.
3) Welfare office does or use to do incentive programs to get people back in to the work force too.
There are Fed, state and cty programs as well as grants to get people back to work or retrained. Again unfortunately the people who want to do things like this are in my age bracket 55+ . Kids (18-30) don't want to or not interested in jobs where skills are what make the person, as a generalization.
Quote:
Originally Posted by Rucker61
Yup. You and I live in this place called reality and you're right on the second point too. I see that you've gone more in depth after you posted this.Quote:
Originally Posted by jim
Yes, because it is all tied to government interference. Government shouldn't dictate wages, private enterprise does a fine job all on it's own.Quote:
Originally Posted by Scanker19
I can't believe nobody said www.ar-15.co/. It's where I get all my current economy facts. Hehe[Tooth]
zerohedge is a good resource. A little hard to read if economics isn't your first/second/third language, but if you take a step back and use the daily headlines as a dowsing rod, you'll surely gain some insight to the global economic scene. I think it's a very good site.
Cheers,
m.