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To: xzins

Not true - most companies are doing quite well - they aren’t growing but they are making a bunch of money.

http://www.nytimes.com/2011/08/21/your-money/companies-are-spending-on-dividends-if-not-jobs.html?_r=1


55 posted on 08/21/2011 6:55:25 PM PDT by mike_9958
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To: mike_9958

A huge trade imbalance says that ultimately you are losing manufacturing jobs. Otherwise, you’d be making some of it yourself to compete with the imports.

To deal with that, wages must go down. Lower wages mean less purchasing.

That means the ultimate direction of this economy is down.

And that’s especially so with a government sucking away capital and wasting it on paper-pusher jobs that produce nothing.

At least CCC & WPA built things.


60 posted on 08/21/2011 7:05:15 PM PDT by xzins (Retired Army Chaplain and Proud of It! True Supporters of our Troops PRAY for their VICTORY!)
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