Posts Tagged ‘Economy’

The Fix

Wednesday, April 27th, 2011

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There recently was an article in the St. Petersburg, Florida. Times. The Business Section asked readers for ideas on: “How Would You Fix the Economy?” I think this guy nailed it!

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Dear Mr. President,

Please find below my suggestion for fixing America ‘s economy. Instead of giving billions of dollars to companies that will squander the money on lavish parties and unearned bonuses, use the following plan. You can call it the “Patriotic Retirement Plan”:

There are about 40 million people over 50 in the work force. Pay them $1 million apiece severance for early retirement with the following
stipulations:

1) They MUST retire. Forty million job openings – Unemployment fixed.

2) They MUST buy a new AMERICAN Car. Forty million cars ordered – Auto Industry fixed.

3) They MUST either buy a house or pay off their mortgage – Housing Crisis fixed.

It can’t get any easier than that!!

P.S. If more money is needed, have all members in Congress pay their taxes.

Mr. President, while you’re at it, make Congress retire on Social Security and Medicare. I’ll bet both programs would be fixed pronto!

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USA is Sliding Down Hill Fast

Tuesday, March 29th, 2011

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19 Facts About The Deindustrialization Of America That Will Blow Your Mind – see below…

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The United States is rapidly becoming the very first “post-industrial” nation on the globe. All great economic empires eventually become fat and lazy and squander the great wealth that their forefathers have left them, but the pace at which America is accomplishing this is absolutely amazing. It was America that was at the forefront of the industrial revolution. It was America that showed the world how to mass produce everything from automobiles to televisions to airplanes. It was the great American manufacturing base that crushed Germany and Japan in World War II.

But now we are witnessing the deindustrialization of America. Tens of thousands of factories have left the United States in the past decade alone. Millions upon millions of manufacturing jobs have been lost in the same time period. The United States has become a nation that consumes everything in sight and yet produces increasingly little. Do you know what our biggest export is today? Waste paper. Yes, trash is the number one thing that we ship out to the rest of the world as we voraciously blow our money on whatever the rest of the world wants to sell to us. The United States has become bloated and spoiled and our economy is now just a shadow of what it once was. Once upon a time America could literally out produce the rest of the world combined. Today that is no longer true, but Americans sure do consume more than anyone else in the world. If the deindustrialization of America continues at this current pace, what possible kind of a future are we going to be leaving to our children?

Any great nation throughout history has been great at making things. So if the United States continues to allow its manufacturing base to erode at a staggering pace how in the world can the U.S. continue to consider itself to be a great nation? We have created the biggest debt bubble in the history of the world in an effort to maintain a very high standard of living, but the current state of affairs is not anywhere close to sustainable. Every single month America goes into more debt and every single month America gets poorer.

So what happens when the debt bubble pops?

The deindustrialization of the United States should be a top concern for every man, woman and child in the country. But sadly, most Americans do not have any idea what is going on around them.

For people like that, take this article and print it out and hand it to them. Perhaps what they will read below will shock them badly enough to awaken them from their slumber.

The following are 19 facts about the deindustrialization of America that will blow your mind….

#1/ The United States has lost approximately 42,400 factories since 2001. About 75 percent of those factories employed over 500 people when they were still in operation.

#2/ Dell Inc., one of America’s largest manufacturers of computers, has announced plans to dramatically expand its operations in China with an investment of over $100 billion over the next decade.

#3/ Dell has announced that it will be closing its last large U.S. manufacturing facility in Winston-Salem, North Carolina. Approximately 900 jobs lost.

#4/ In 2008, 1.2 billion cell phones were sold worldwide. So how many of them were manufactured inside the United States? Zero.

#5/ According to a new study conducted by the Economic Policy Institute, if the U.S. trade deficit with China continues to increase at its current rate, the U.S. economy will lose over half a million jobs this year alone.

#6/ As of the end of July, the U.S. trade deficit with China had risen 18 percent compared to the same time period a year ago.

#7/ The United States has lost a total of about 5.5 million manufacturing jobs since October 2000.

#8/ According to Tax Notes, between 1999 and 2008 employment at the foreign affiliates of U.S. parent companies increased an astounding 30 percent to 10.1 million. During that exact same time period, U.S. employment at American multinational corporations declined 8 percent to 21.1 million.

#9/ In 1959, manufacturing represented 28 percent of U.S. economic output. In 2008, it represented 11.5 percent.

#10/ Ford Motor Company recently announced the closure of a factory that produces the Ford Ranger in St. Paul, Minnesota. Approximately 750 good paying middle class jobs are going to be lost because making Ford Rangers in Minnesota does not fit in with Ford’s new “global” manufacturing strategy.

#11/ As of the end of 2009, less than 12 million Americans worked in manufacturing. The last time less than 12 million Americans were employed in manufacturing was in 1941.

#12/ In the United States today, consumption accounts for 70 percent of GDP. Of this 70 percent, over half is spent on services.

#13/ The United States has lost a whopping 32 percent of its manufacturing jobs since the year 2000.

#14/ In 2001, the United States ranked fourth in the world in per capita broadband Internet use. Today it ranks 15th.

#15/ Manufacturing employment in the U.S. computer industry is actually lower in 2010 than it was in 1975.

#16/ Printed circuit boards are used in tens of thousands of different products. Asia now produces 84 percent of them worldwide.

#17/ The United States spends approximately $3.90 on Chinese goods for every $1 that the Chinese spend on goods from the United States.

#18/ One prominent economist is projecting that the Chinese economy will be three times larger than the U.S. economy by the year 2040.

#19/ The U.S. Census Bureau says that 43.6 million Americans are now living in poverty and according to them that is the highest number of poor Americans in the 51 years that records have been kept.

So how many tens of thousands more factories do we need to lose before we do something about it?

How many millions more Americans are going to become unemployed before we all admit that we have a very, very serious problem on our hands?

How many more trillions of dollars are going to leave the country before we realize that we are losing wealth at a pace that is killing our economy?

How many once great manufacturing cities are going to become rotting war zones like Detroit before we understand that we are committing national economic suicide?

The deindustrialization of America is a national crisis. It needs to be treated like one.

America is in deep, deep trouble folks. It is time to wake up!

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The “Fix”

Thursday, November 11th, 2010

There recently was an article in the St. Petersburg, Fl. Times. The Business Section asked readers for ideas on: “How Would You Fix the Economy?” I think this guy nailed it!

Dear Mr. President,

Please find below my suggestion for fixingAmerica’s economy. Instead of giving billions of dollars to companies that will squander the money on lavish parties and unearned bonuses, use the following plan.
You can call it the “Patriotic Retirement Plan”:

There are about 40 million people over 50 in the work force. Pay them $1 million apiece severance for early retirement with the following stipulations:

1) They MUST retire. Forty million job openings – Unemployment fixed.

2) They MUST buy a new AMERICAN Car. Forty million cars ordered – Auto Industry fixed.

3) They MUST either buy a house or pay off their mortgage – Housing Crisis fixed.

It can’t get any easier than that!!

P.S. If more money is needed, have all members in Congress pay their taxes…
Send illegal aliens home.

Mr. President, while you’re at it, make Congress retire on Social Security and Medicare. I’ll bet both programs would be fixed pronto!

If you think this would work, please forward to everyone you know.

If not, please disregard.

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Politically Incorrect

Tuesday, August 31st, 2010

You know things are bad when even the cartoonists make fun of such things!

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Think about this: If you don’t want to forward this for fear of offending someone — YOU ARE PART OF THE PROBLEM!

It is Time for America to Speak up!

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Why Outsourcing Jobs Doesn’t Work

Tuesday, October 13th, 2009

I was so depressed last night thinking about the economy, health care, government health insurance, the wars, global warming, my savings, Social Security, credit card debt…..

I called the Suicide Hotline. Got a freakin’ call center in Pakistan. I told them I was suicidal.

They got all excited and asked if I could drive a truck…..

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An Other Political Joke..

Monday, August 31st, 2009

As the CEO of this organization, I have resigned myself to the fact that Barrack Obama is our President and that our taxes and government fees will increase in a BIG way. To compensate for these increases, our prices would have to increase by about 10%.

But since we cannot increase our prices right now due to the dismal state of the economy, we will have to lay off sixty of our employees instead. This has really been bothering me, since I believe we are family here and I didn’t know how to choose who would have to go.

So, this is what I did. I walked through our parking lots and found sixty ‘Obama’ bumper stickers on our employees’ cars and have decided these folks will be the ones to let go. I can’t think of a more fair way to
approach this problem. They voted for change, I gave it to them.

I will see the rest of you at the annual company picnic.

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Stimulus Plan

Saturday, August 15th, 2009

Some time this year, we taxpayers will receive an Economic Stimulus payment. This is a very exciting new program. I will explain it using the Q and A format:

Q. What is an Economic Stimulus payment?
A. It is money that the federal government will send to taxpayers.

Where will the government get this money?
A. From taxpayers.
Q. So the government is giving me back my own money?
A. Only a smidgen.
Q. What is the purpose of this payment?
A. The plan is that you will use the money to purchase a high-definition TV set, thus stimulating the economy.
Q. But isn’t that stimulating the economy of China ?
A. Shut up!

Below is some helpful advice on how to best help the US economy by spending your stimulus check wisely:
If you spend the stimulus money at Wal-Mart, the money will go to China.
If you spend it on gasoline, your money will go to the Arabs.
If you purchase a computer, it will go to India.
If you purchase fruit and vegetables, it will go to Mexico, Honduras and Guatemala.
If you buy a car, it will go to Japan.
If you purchase useless stuff, it will go to Taiwan.
If you pay your credit cards off, or buy stock, it will go to management bonuses and they will hide it offshore.
Instead, keep the money in America by:
spending it at yard sales, or
going to ball games, or
spending it on prostitute, or
beer or
tattoos.
(These are the only American businesses still operating in the US.)

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Wondered Why America’s Economy Fell Off the Cliff?

Thursday, June 11th, 2009

John Smith started the day early having set his alarm clock
(MADE IN JAPAN) for 6 am.

While his coffeepot (MADE IN INIDA) was perking, he shaved with his
electric razor (MADE IN CHINA). He put on a dress shirt (MADE IN SRI LANKA), designer jeans (MADE IN SINGAPORE ) and tennis shoes
(MADE IN KOREA). After cooking his breakfast in his new electric skillet (MADE IN MALAYSIA) he sat down with his calculator (MADE IN TAIWAN) to see how much he could spend today. After setting his
watch (MADE IN SWITZERLAND) to the radio (MADE IN CHINA) he got in his car (MADE IN GERMANY) filled it with GAS (from Saudi Arabia) and continued his search for a good paying AMERICAN JOB.
At the end of yet another discouraging and fruitless day checking his
Computer (made in CHINA).

John decided to relax for a while. He put on his sandals (MADE IN BRAZIL), poured himself a glass of wine (MADE IN FRANCE) and turned on his TV (MADE IN INDONESIA), and then wondered why he can’t
find a good paying job in AMERICA AND NOW HE’S HOPING HE CAN GET HELP FROM A PRESIDENT…. MADE IN KENYA…

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How Bad is the Economy?

Monday, April 6th, 2009

It is definitely getting very bad…………
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economy

(Cats are so dramatic!)

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New Dollar Bill

Saturday, March 14th, 2009

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