America’s Descent Into the Third World

Chronicles Magazine ^ | Monday, July 25, 2005 | Paul Craig Roberts

[brownsfan]

I quoted someone who posted to me. I'm sorry but I used the same offensive term in the reply, #380.
Feel free to edit out the offensive word, or delete the comment, and I'll repost without the offensive language.

Again, sorry.

[pfony1]

But Mr. Ropert's musings WERE B.S., designed to mislead the gullible.

Oh? What's that?

You actually believe Robert's B.S.?

Bwahahahahah...

I wonder. Wouldn't you be happier sharing your self-righteous, naive "anger" with the DUmmies?

[fallujah-nuker]

Outstanding post, I love how you shoot down the "buggy whip" argument. We did not outsource buggy whips, we started building cars. It seems like a lot of the people here let Rush (talent on loan from Oxycotin) Limbaugh do their thinking for them and just regurgitate what they hear him. Especially the ones who spout off about "I ran a trade deficit with my grocer last year." I certainly hope they exported enough labor to their employer to cover the trade deficit with all the stores they shop at.

I think we should reactivate the Strategic Air Command, and equip it with a bomber force comparable to the Reagan era. That would be 18 Bomb Wings. Clinton slashed our bomber fleet, and Dubya cut it even smaller! Boeing is mulling over a 747 Advanced, that would make an excellent tanker and could even be fitted with hard points for cruise missiles. We could increase our striking power and hit Airbus both.

We could pay for SAC with funds saved by allowing the EU to defend itself, so the American taxpayer no longer has to pick up the tab for France and Germany, and be forced to subsidize Airbus by the back door.

[mercy]

First in line to honor the new hefe will get the greatest reward.

[durasell]

What's a "hefe?"

[KevinDavis]

I know things are fine now, however, there are some problems and the problems are idiotic lawsuits, over regulation, over taxation, idiot kids, and much more.

[Podkayne]

The relentless drive for efficiency has been fueled by astronomical costs for workers in this country -- particularly in the area of medical benefits.

The only way to return to profitabililty after running up unfunded pension liabilities is to go after Chapter 11 bankruptcy. The airlines did it, the steel industry did it and now GM and Ford will do it. The unions have runup the tab so high that they have priced themselves out of business.

[pfony1]

Well for one thing, Mr. Roberts said,

"Fifty-six thousand jobs were created in professional and business services, about half of which which were in administrative and waste services."

I gather the inclusion of the phrase "...and waste services," was intended to deceive the gullible.

Actually that report shows NO increase in waste MANAGEMENT AND REMEDIATION services on a year to year basis. So the increase in employment came from:

Legal services: up 20,000 from 2004
Architectural/engineering services: up 76,000 since 2004
Computer systems design: up 43,000 since 2004
Management and technical consulting: up 27,000 since 2004
Management of companies: up 27,000 since 2004
Etc.

I wonder if the reason that it took Mr. Roberts more than two weeks to spin the good news in June's Employment Situation Summary into bad news, was fear that some iconoclast would call him on his misrepresentation of the facts presented in that report.

But he shouldn't have worried about that.

This thread proves that, even here in the FR, there are plenty of gullible shallow-thinkers.

[KevinDavis]

Something made PCR ticked at GW.. I guess he wanted a position and he was denied...

[Podkayne]

The only responsibility a CEO has is to the owners of the company, the stockholders.

The legal corporation entity may be the real culprit behind the decline of American civilization. When a company exists on paper for the sole purpose of obtaining profit with the minimum possible accountabililty then there's bound to be problems. Small mom and pop businesses and small business (less than 500 employees) in general are way more accountable day to day and over time than are large multi national corporations that act more like robber barons.

[pfony1]

I wondered why your "analysis" that "proved" that our manufacturing output was weak ignored 2005's statistics for manufacturing output -- so I looked them up.

I see that manufacturing output was 118.6 in March, 118.2 in April, 118.6 in May and 119.7 in June -- well above the output figures from Clinton's "golden years".

I wonder. Will you NOW apologize for presenting misleading statistics to us?

[pfony1]

I see that the good news about Boeing's order-book has eluded you.

Have you considered taking a course in "Anger Management"?

[durasell]

No offense, but I see the same kind of posts over at DU. The corporate this and the corporate that.

The fact of the matter is, if we want corporate entities to be good citizens, then we should pass laws that require them to be good citizens.

[pfony1]

You said, "we don't make (real) steel here anymore."

Gee...

What do you suppose the 466,300 American workers in "primary metals" and the 1,528,500 American workers in "fabricated metal products" DO every day after they clock in?

I feel compelled to say: "Gotcha!"

[sauropod]

You have identified what is wrong with the pasty-faces at the Pentagon.

In the building, they are always fighting the last war (or action) and resource accordingly. 'Pod.

[sauropod]

Speaking as an engineer, Congress is populated by dolts!

[pfony1]

"Fascinating", but FALSE.

Is it time to change your handle to "Iconbfooled"?

[KevinDavis]

But that is Big Government.. Yet we want small Government.. We can't have it both ways...

[pfony1]

Very funny...

Do you have anything to support your claim that a US made woodworking router costs $7.28 to make?

You DUmmies tend to overplay your hands, don't you?

[KevinDavis]

I'm thinking he wanted a position in the Bush adminstration and he was denied.. Someone said he worked in the Reagan adminstration, well Ronald Reagan also nominated Sandra O'Conner. We all make mistakes including the Gipper.