|
Registered
Join Date: Aug 2000
Location: Palm Beach, Florida, USA
Posts: 7,713
|
Sorry guys. US manufacturing is just starting to pick up. BMW just announced they're expanding the SC plant and ****ing production there. The medium sized three are shifting European production to the US because it's cheaper to produce here and import back to Europe. The low dollar is coming back to help our manufacturing sector, although it's a blow to our ego and makes traveling tough. Most of our trade imballance with China is caused by the artificially steep exchange rate. This is similar to the fundamental change in the dollar's value that was experienced vis a vis the DMark in the 196s and 70s.
We're in the trough of a business cycle right now. It will all feel a lot better in the morning. When John McCain is in charge of counter terrorism operations and world diplomacy. How many jobs are created building a new carrier task force?
__________________
MRM 1994 Carrera
|