Posted on 06/01/2004 8:51:58 AM PDT by zencat
U.S. manufacturing chugged to a full year of expansion in May, pushing factory hiring to its highest in 31 years, a survey released on Tuesday showed.
Good
Damn, Kerry looks scary (skerry) on that picture, like a wax dummy or cadaver.
This news will be buried deep in the fish wrappers. The "mainstream" media will be running stories about Halliburton, Abu Ghraib, Chalabi, and anything else that they want to use in order to portray our President as not getting the job done.
Well I, and I'm sure others, are sick of trying to counter the negativity, doom and gloom you post about your career problems and maybe encourage you in some way.
You're right. Life is totally hopeless and you should just give up.
How's that? Your problem isn't your degree, or outsourcing. It's your attitude.
The problem is not jobs leaving the country, it is not capital equipment leaving the country, the problem is not intellectual property leaving the country, the problem is not contracts going to communistic/fascistic/socialistic government run countries that prop up their companies with government funds to defer losses that the US companies cannot compete against...
THE PROBLEM IS YOUR ATTITUDE ABOUT IT!! JUST KEEP TELLING YOURSELF THINGS WILL GET BETTER AND THEY WILL!
And look! They do!
Manufacturing in U.S. Expands at Faster Pace; Construction Spending Climbs
Bloomberg ^ | 06/01/04 |
"U.S. Economy: May ISM Factory Index Rises to 62.8 (Update2) June 1 (Bloomberg) -- A gauge of U.S. manufacturing unexpectedly rose last month to the highest in almost two decades as increased demand prompted more factories to hire than at any time in 31 years, an industry report showed."
"Factory payrolls probably grew by 20,000 in May after a 21,000 increase in April, according the median estimate in a separate Bloomberg News survey of economists ahead of Friday's employment report from the Labor Department. U.S. payrolls are expected to rise 225,000 in May after a rise of 288,000 people in April, according to the survey."
" Manufacturing production rose 0.7 percent last month and has been increasing since September. The 4.8 percent gain in total industrial production over the past 12 months is the biggest since a 5.7 percent year-over-year gain ended June 2000. The economy is projected to expand 4.6 percent this year, the most since 1984, according to the median estimate of a separate Bloomberg News survey this month."
http://www.freerepublic.com/focus/f-news/1146422/posts
thats why factories are still closing...during an economic upturn...
Factories close even during the most prosperous economic upturns. Always have and always will.
Millions of jobs are lost and millions of jobs are created EVERY year in America.
But of course you can always find the dark lining on the silver cloud if you really look for it. If that's what you want in life then I say go for it!
Is moving to a new area of the country a viable option? Some areas are doing better than others.
If I evr get ahead enough to have the money, it is not just an option, it is an imperitive.
However, I cannot afford to move across town, I need a money for a new deposit for that, somethng that is only a START for a move out of state!
First of all, 30k is more than 22k gross. $100 a month for phone? What? $270 a month for gas? Where the heck to you drive? That's about $170 too much per month...
Wow. Not where I lived. I was getting paid $3.65, I think.
As for tech positions in CT...I'd agree that things were completely dead till February...not a whole lot of layoffs, but if you did get laid off, there was no new hiring. Beginning in February there was a significant increase in techie jobs. DICE returns went from 5-7 jobs repeated for months, to several dozen with completely new sets of postings every few days.
Frankly, everything we've been getting this year is pretty much a surprise to me...the effects of the tax cuts on employment shouldn't have been going strong until July/August.
For those that think he's nuts...yeah...that's basically what it costs to work and eat in much of CT.
No, thats connecticut
$31K gross is 23K net if taxes are 26% combined
$15 x 40 x 52 = 31200
$31200 x 26% in taxes being taken out with FICA and FEDTAX = $23,088
then, the phone bill here for basic phone is at least $55, I checked, then add internet, that's $20, so I kept the DSL and the plans that allow me to make many toll calls which I have to from where I live
Then, the gas bill is if the job is 40 miles at $1.70 a gallon! That was an old estimate based on work and church and attending classes which were even on the way!
Rent = $520 mnth and that s CHEAP around here for a one bedroom
Car ins = $500 to $600 or so, that goes up each year
Then, add in what you put in the basket on Sunday, coffee on th way to work or to stay up during classes (like so many accuse me of not doing)
$170 too much? You must live awfully close to work! :)
And let's add that is just to SURVIVE, not to live and get ahead!
Try to save for a car or house on that money! Not here!
That was Windsor Locks when Hamilton Standard was booming and still had 15,000 people working there and Pratt&Whitney had 35,000 people working here in East Hartford alone, plus Southington and Middletown and North Haven
and all the Mom and Pop machine shops still had work, and Kaman, where I worked had over 7,000 people working there.
Ahh...the 80's...(sigh)...Ronald Reagan made a lot of people get ahead, and when that Berlin Wall came down, and all the liberals talked about slashig the defense budget, I was on ALL the talk shows screaming about how it was going to bankrupt the state!
I was right. We have been scratching for work since 1991 when King Lowell Wieker instituted his income tax
I delivered Pizza 2 years ago, par time, 3 nights a week, I only averaged $2.50 a delivery!
How in the WORLD did you get $700 a weekout of that??
I was making $7 an hour, plus about $32 for tips
5 x 7 = $35 + $32 = $67 a night
Progress, technology, and increased productivity often lead to the elimination of jobs and physical assets and production facilities.
Look at the phone companies. While the number of transactions (calls placed) has gone up 1000% in the past 30 years, the number of "operators" for lack of a better term has declined by 75%.
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