Big Mac's?
Seriously.
Don't you know? The new "U.S. Goods" are stock certificates. They are the future of America.
Ford and GM cars. Boeing Aircraft. Dell Computers. Apple Computers and devices. Caterpillar infrastructure equipment. Pharmaceutical drugs. To name a few.
You are not being serious. Impossible.
isn’t it surprising every time we’re reminded that US is #1 manufacturer in the world?http://cafehayek.typepad.com/hayek/2007/09/the-state-of-ma.html
“Which “U.S. goods?”
Big Mac’s?
Seriously.”
I agree.....
The last time I was in Europe the only place to eat at 2:00 a.m. was a McDonald’s.
GOOD GRIEF that sounded ignorantly like a Pat Buchanan comment.
“Which “U.S. goods?””
Well, there are the books I write for Osprey, Ltd. The contract is written in pounds sterling and paid in US dollars. The drop in the dollar added a fat chunk of change to my last paycheck. Additionally, they like contracting with US authors because our expenses are pegged in dollars. Since I get stuff in the US, my expenses have kept constant in dollars, which means they have dropped against the pound.
They want two, maybe three or four more books, from me in 2008. That’s enough to pay my son’s college expenses for a year. And I am getting about 20% more than I was two years ago thanks to the drop in the dollar against the pound.
Admittedly it may not be a big effect on the national economy, not like what Boeing does with the jets they sell overseas. But it is a hell of a positive effect on my personal economy. Sucks to be importing, but this is boom times for exporters.
Democrats love the national debt.
Libertarians love the trade deficit.
- I live in rural SC. The company I work for manufactures industrial equipment for welding & cutting. Our exports are booming.
- A half mile down the road from us, GE manufactures the magnets for MRI machines. Exports are booming.
- Three miles down the road Honda manufactures ATV's and personal watercraft. Exports are booming.
- 5 miles up the road a small company is manufacturing the cabs used on Caterpillar tractors. Their business is booming.
All of these primary equipment manufacturers use local vendors and contractors, they can't keep up with our orders.
I recently attended the Fabrication Technology (FabTech) trade show in Chicago. It is sponsored by the Society of Manufacturing Engineers and the American Welding Society. There were thousands of manufacturers there and they were all singing the same tune.
Hollyweird is one of our biggest exports other than McDonald’s and Starbucks.