There are factories in the US that are busy?
Not in this economy.
If demand for oil was high, the prices would not fall.
Oil prices are plummeting, just like the economy.
My vendors cannot keep up with orders. I have one vendor that takes five days just to enter an order and bill the customer. The main problem is no one is carrying inventory to fill the needs of business. Everything is being made to order. No, we are actually coming out of this morass and I look to 2013 to really boom.... especially so with Dems out of power.
Actually that’s not true, factories are busy, lots of places are busy... many companies are sitting on cash, the issue is they AREN’T HIRING.
Why aren’t they hiring? Mostly because the current administration, and the democratic congress that was in power until 2010 introduced so much uncertainty to the market that they aren’t willing to hire unless they have NO OTHER CHOICE.
Would you hire someone if you weren’t sure what exactly it was going to cost you??? Not if you didn’t have to.. or if you could get hit with some retroactive tax? or you don’t know what is coming next? Nope.
The other reason is efficiency, because we have created so much efficiency in most manufacturing in the states, demand uptick doesn’t equate to mass hirings like it used to.
However the single biggest issue is “UNCERTAINTY”.. companies will not hire if they don’t know what is coming next, and Obama and Pelosi and Reid introduced so much uncertainty into the system that no one is going to hire anyone unless they absolutely have to.
Europe is depressing the greater macro system, but its incompetent and anti business government that has been the main culprit in supressing hiring.