If the...
- Thread starter Tweed
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Cagey
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The 10.3% who aren't working in Michigan might argue with you, as would the 11.8% in California. Country-wide, it's at 9.2%. Keep in mind that many of those Warmoth necks and bodies are going out of the country where they can take advantage of the weak dollar, which is going to deteriorate further as the treasury prints fiat dollars by the trainload.
Something that many don't appreciate about economics is the hysteresis between administrative controls and and systemic responses. Mandating a behavioral change very rarely has an immediate effect; it can take years to show up. So, something like printing a trillion dollars or providing a massive new entitlement just for fun or to make headlines doesn't have an effect on anybody until some time later. Then, usually those responsible for the profoundly stupid move are long gone, and those in place have to eat the blame.
Of course, the opposite can occur as well. Good moves also don't often show up until later. It's instructive to study history, so you can backtrack and see where the good/bad moves were made and avoid making the same mistakes again.
Something that many don't appreciate about economics is the hysteresis between administrative controls and and systemic responses. Mandating a behavioral change very rarely has an immediate effect; it can take years to show up. So, something like printing a trillion dollars or providing a massive new entitlement just for fun or to make headlines doesn't have an effect on anybody until some time later. Then, usually those responsible for the profoundly stupid move are long gone, and those in place have to eat the blame.
Of course, the opposite can occur as well. Good moves also don't often show up until later. It's instructive to study history, so you can backtrack and see where the good/bad moves were made and avoid making the same mistakes again.
Cagey
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I see. I'm sorry to hear that. Unfortunately, the situation is unlikely to improve until a year or two past November 2012. Businesses are actually sitting on quite a bit of liquidity right now, but they're terrified to make a move. Once they feel comfortable again they'll start making plans and investments, employment will rise, and the general economy with it.
S
swarfrat
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Southern Maryland was below 5% last year. But it takes every nickle of it to live anywhere near DC. We were paying 2.2x our mortgage payment in NC in rent up there. Pretty much all the utilities were double what they are back home. (Heck, the minimum bill on water was $62/mo. IMO electricity and water it should be illegal to have a minimum payment, simply because it remove incentive to conserve.)
Have you noticed that there are many (like me) from Australia that are buying up.
Well I can tell you why .... 1 & 1/2 years ago we would get around AUS 0.70c to the US $1.00
Now our AUS $1.00 = US $1.09 ..... You do the sums !!
Just myself since mid January have bought 6 Bodies (2 not revealed as yet) & 5 Necks :icon_biggrin: & counting !!
Thats just in 6 months .... Do ya think Warmoth love me :icon_jokercolor:
Plus all the pickups I've bought are less than 1/2 the price (overseas) compared to here in Australia.
Well I can tell you why .... 1 & 1/2 years ago we would get around AUS 0.70c to the US $1.00
Now our AUS $1.00 = US $1.09 ..... You do the sums !!
Just myself since mid January have bought 6 Bodies (2 not revealed as yet) & 5 Necks :icon_biggrin: & counting !!
Thats just in 6 months .... Do ya think Warmoth love me :icon_jokercolor:
Plus all the pickups I've bought are less than 1/2 the price (overseas) compared to here in Australia.
