LOL! The 'bots on this forum sure are franticly desperate to overhype this ISM report.
This must be at least the 9th or 10th version of this story that I've seen posted. And there's no doubt that the talking-point lemmings have posted other threads that I've missed.
The truth is, Ditto, that this report is flagrantly misleading.
It is a survey of Purchasing Managers, NOT Manufacturing Managers.
The Purchasing Managers erroneously take full credit for finished goods produced while ignoring the ever-increasing proportion of imported materials, parts and components that THEY outsourced offshore. IOW, their report is fastly morphing into an index of warehousing and distribution activity, NOT manufacturing.
Get a clue, Ditto.
The overall megatrend in globalization is for the United States to develop a modern "post-industrial society" and flourish during the "Information Age" with a bustling "Service-based Economy".
Have you ever heard any of that terminology, Ditto?
Or is your head inserted to high up your backside to understand what it means?
Frankly Ditto, by overhyping this misleading propaganda, YOU'RE the ones who are shooting Dubya in the foot and enabling Kerry by destroying Dubya's crediblity on the issue.
As an established, hard-core conservative Buchananite, there is absolutely no way I could agree with pinhead marxists like Kerry or Nader on virtually any issue. But I'm certainly capable of expressing a conservative perspective as to how you stupid dipwad neocons are undermining Dubya's chances for re-election by giving Kerry some issue-based opportunities. (Even if the idiot is totally clueless as to what to do, the electorate will opt for change just because they know Dubya is BSing them.)
So go ahead, Ditto, undermine your own candidate's crediblity with overhyped nonsense.
See if I care.
And never say I didn't warn you.
That's the last thing anyone would ever say. You're right, of course, these numbers are catastrophic - I blame Bush...
One of the fundamentals of Marxism is an economy based on manual labor and tangible goods, while counting the service sector as a cost.