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That's become a normal practice anymore. They buy the subassemblies offshore and do the final assembly, labeling, and packaging here so it can be "Made in the USA". You'll find some of them also say "Components made in X". I'm not sure where the line is drawn because the companies i worked...

I worked with IT a lot. ITs been a continuous downsizing and outsourcing game since Y2K, in there. All code is now written in India for $6 per hr and only 2 people are left in IT, for a 200 person facility. Consider yourselves lucky. Or perhaps your industry isn't in trouble yet?

We are exporting scrap metal and grains. Ok, add CAT, Deere and Boeing, but the reality is our manufacturing base is disappearing very quickly.

On many stocks, 50,000 or 100,000 is sufficient to scare up buyers

One product at a time, the foreign competition drags our manufacturers under by matching and eventually bettering them on both quality and price, forcing them to initially sell at a loss, and then eventually either to outsource it to compete, or go under trying not to.

When examined dispassionately in the light of posterity, it appears that far too many of these “cow” businesses were manufacturing operations which were milked for cash flow that was diverted into more fashionable businesses in the service sector, particularly in finance. Westinghouse, for...

Here is a timely and appropriate article. BTW, IMO, we don't "dominate" global manufacturing anymore. http://www.prudentbear.com/index.php/BearsLairHome The Bear's Lair, by Martin Hutchinson The murder of US manufacturing June 16, 2008 Martin Hutchinson is the author of "Great...

Its there to convince you to buy.

or trader

Ridiculous. If you haven't figured it out yet, you can't get a decent paying job with an engineering degree, so people aren't getting those degrees. Foreigners from India will take the jobs at dirt cheap wages, and so the companies find a reason to hire them instead, either here via H1B or...

The right to travel doesn't imply the promise of a car or gas to fuel it.

Make it as high as it needs to be to eliminate ALL income, social security, medicare, and corporate profit taxes, and balance the budget. Call it a global warming tax or something so the sheep will like it

I think the US loses its AAA credit rating and reserve currency status in the next few years. In the meantime we pretend we are strong.

So idiotic its literally laughable. All you need to do is eliminate the budget deficit and the trade deficit by then, or see rates pop by 3% and the US go into a deflationary depression, and you might get there.

They aren't desperate to cause a depression. So they will just talk.....

Went long miners at the close for fast bucks. Rate hikes would hurt the US economy and cause imports and the trade deficit to decline. The decline in the US economy would cause the budget deficit to go to $1 trillion. We would need to BORROW that $1 trillion from SOMEBODY. Just add it to...

My understanding is that they don't report what employers do. Instead, they are trying to guess what the BLS will say. That includes the birth/death adjustment that the BLS uses to make everything look good.

You are a total dreamer if you think MCain even has a chance

They made the changes to the methods in order to get "better" numbers as a result. Note how low the once important Misery Index would be if added up now using government supplied numbers, vs what it would be if the calculation methods hadn't been changed (see shadowstats.com). In all honesty...

They can cut taxes and borrow to provide pork projects and give handouts all they want, and even cheat on the deficit and inflation accounting to make it all still look good, but EVENTUALLY the debt numbers will get so large that no one is fooled anymore.