Rustbelt Recovery

Discussion in 'Economy' started by Sheldon, Mar 30, 2011.

  1. Sheldon
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    Sheldon Senior Member

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    Manufacturing: Rustbelt recovery | The Economist


    At first I was all excited...



    but then I was like, oh:

     
  2. william the wie
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    william the wie Gold Member

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    Brazil and China are headed for recession/inflation later this year so I think The Economist is being pessimistic and conservative.
     
  3. Mr. H.
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    Mr. H. Diamond Member

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    Pennsylvania steel mills have been replaced by Pennsylvania gas fields. :thup:
     
  4. waltky
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    waltky Wise ol' monkey Supporting Member

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    Granny says is `cause nobody gots the money to buy a house `cept dem rich folks dat don't pay their fair share o' taxes...
    :eusa_eh:
    NYT: No sign of recovery for new home builders
    4/23/2011 - With sales down 80 percent since 2005, analysts expect long-term changes in behavior
     
    Last edited: Apr 24, 2011
  5. william the wie
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    william the wie Gold Member

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    Lew Rockwell had a piece today about modern day ghost towns. They were all tourist destinations in the Northeast
     
  6. Gunny
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    Gunny Gold Member

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    And what, pray tell, does your comments/post have to do with the steel belt?

    I bet you're right about one thing ... I bet we sold 43% of our jobs to Asia, and 58% of our jobs to Latin America. Vote for O blah blah again please. He needs 4 more years to sell out the rest of the US.

    With your and people like you's support.

    You socialists make me sick. I can't wipe my own ass. Big Brother needs to do it for me. Pussies.
     
  7. Sheldon
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    Sheldon Senior Member

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    Then go to the romper room, chimpy.

    It's not just Obama. This has been going on systemically for at least the past two decades and is the logical step in globalizing free enterprise. Those percentages were for the new jobs created overseas to meet overseas demand; we didn't "sell" them. Why would a company build a tractor here only to sell it in India, when the capital, land, and labor are all cheaper in India anyways? They build where they sell. And you whine about the socialist because of this? :lol: Stop drinking so many martinis before posting.
     

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