Blue Hefner
Well-Known Member
- Joined
- 11 Jul 2009
- Messages
- 14,627
More ramblings on Sky News. But, in case anyone was in any doubt, his trip was a “tremendous success”
The first one is from 18 months ago, the second one is worth about 50,000 jobs in a country of 312 million people, with no comparisons to the amount that have gone offshore. They started the article with Harley Davidson and didn't mention the 5,800 jobs there and made a big noise about Ford bringing jobs back when they're also moving jobs to the EU.
Oh FFS. That article is from March 2017; the one on the ISM Index is from January, and the index is FLAT since then.
I'm saying this stuff because it's so ridiculously, transparently lame to pretend you know what you're doing in the face of people who obviously know more about this than you, including -- specifically -- me.
For the 49th time on this thread, yet another prove-out of "The Death of Expertise" theorems.
That said, the economy is very strong and the consumer/business confidence boost in part created by Trump's tax cut and aggressive moves to de-regulate has been a positive for business and consumers. There's a question about the long-run cost, whether to the deficit or to the environment, etc. There's also no doubt the tariffs and a worker shortage (in part due to declining immigration of any type) are increasing concerns.
Then there's the whole question about whether the ends justify the means.
So we can all get back on the correct page as opposed to the one spun out of out-dated, cherry-picked bullshit, here's the actual release from the ISM on the services number, including lots of interesting data and a variety of comments from businesses surveyed. Happy reading.
https://www.instituteforsupplymanagement.org/ISMReport/NonMfgROB.cfm?SSO=1
Been told this already:-( out of date cherry picked bullshit I believe even the latest figures are great it's still all doom and gloom...The first one is from 18 months ago, the second one is worth about 50,000 jobs in a country of 312 million people, with no comparisons to the amount that have gone offshore. They started the article with Harley Davidson and didn't mention the 5,800 jobs there and made a big noise about Ford bringing jobs back when they're also moving jobs to the EU.
A much better indicator than a high dollar.
Whirlpool got their utilities tariff and are still down huge money on the steel tariff. Wait until he goes after oil derivatives from China (eg plastics) and it'll completely collapse their manufacturing sector.A much better indicator than a high dollar.
Still, wait and see how the tariffs impact US manufacturing.