Posted by oldtanker on March 27, 2015 at 08:44:28 from (64.118.3.75):
In Reply to: Our Economy posted by John in La on March 27, 2015 at 06:41:36:
John: I have a son in retail. Sales are down. What I see are a lot of people paying down debt instead of spend any extra money they are seeing because of reduced fuel cost.
There are a lot of people who have had their hours cut because of the health insurance issues. And then look at the layoffs at CaseIH and JD. And they are not the only places running fewer lines with a reduced workforce. So yea it's still tuff out there for a lot of people (I'm not including those on SS or SSDI, they were tight on money before this). One of my nieces was forced to switch jobs because her hours got cut and she lost her health insurance and has a baby daughter. In this area she got lucky and was able to find a full time job but then she has a 2 year degree.
I don't blame the companies. They have to make money to stay in business. If they have to raise pay then they have to raise prices. That can A: make their products unaffordable causing them to go under and B: spark another recession or deepen this one.
The government is a very poor job creator. During the depression yea they created some jobs but very few. Current historians are thinking that during part of the 30's that unemployment ran as high as 80%. We didn't really start to recover until we started selling war materials to England. That sent factory orders up making companies call workers back. Want to end a recession? Get people to spend money! That's why every administration claims every new job a victory. They want to get the people confident that things are getting better. That confidence causes them to spend more. Roosevelt and Regan were very good at giving the people confidence and hope.
Area to area things are different. People in the Fargo area can find jobs. A lot of them are low wage. But some people have done nothing to make themselves more valuable or squandered education money on worthless programs. Basically IMO, they made poor choices that put them where they are. HS diploma is worth minimum wage. Sorry but that's they way it is and always has been. Raise minimum wage and prices go up to cover the cost of those wages. Then inflation quickly kills any buying power of the new wage.
I really like the people that claim that a CEO gets paid too much but are OK with their favorite quarterback making the same money for playing a game. A couple of years ago if the CEO of Wal Mart had worked for free and given the entire value of his annual pay to the works it would have amounted to less than 9 dollars for each worker for the entire year.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - Usin Your Implements: Bucket Loader - by Curtis Von Fange. Introduction: Dad was raised during the depression years of the thirties. As a kid he worked part time on a farm in Kansas doing many of the manual chores. Some of the more successful farmers of that day had a new time saving device called a tractor. It increased the farm productivity and, in general, made life easier because more work could be done with this 'mechanical beast'. My dad dreamed that some day he would have his own tractor with every implement he could get. When he rea
... [Read Article]
Latest Ad:
2022 John Deere 5045E, 4wd, front end loader and 3rd function with grapple. 120 hrs, 55k new, must sell
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.
