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Hoping this doesn't go to PARF
Businesses are generally feeling positive. My son is in the scrap business, primarily industrial: he doesn't do street trade or cash business - he has added another driver and truck. Machinery dealers are booked.
Automotive sales are in good shape ( I work in the automotive industry). The commercial side of automotive is positive too.
What is not: salaries are stagnant, health care cost are up. There is a huge gap between unskilled and skilled labor. And I don't see it ending anytime soon. Entry level manufacturing jobs pay no better than retail or fast food. I have seen failure of those who can't pass 8th grade reading, writing and math. Those who can, most can pass a pre-screening background or drug test. Those that do stay, 90% leave within a year.
What I also see is the Chinese Government now wants a piece (ownership- joint venture) of companies in their country. I'm also seeing those who my company has partnered with are now becoming our competitors.
To quote Dottore " I weep for America".
If you look at history, those who had the technological edge, stay in power - you lose it, you are just another me too.
__________________
Jim
1983 944n/a
2003 Mercedes CLK 500 - totaled. Sanwiched on the Kennedy Expressway
Last edited by jcommin; 11-15-2014 at 10:43 AM..
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