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U.S. MANUFACTURING MAKES COMEBACK! Voters Rejecting Mitt's BUSHONOMICS!
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John Fahrtlington Poopnagel
May 20, 2012, 8:46:23 AM5/20/12
to
http://img3.wpdigital.net/rf/image_606w/2010-2019/WashingtonPost/2012/05/18/Editorial-Opinion/Graphics/toles05202012.jpg
"Some 16,000 manufacturing jobs were added in April — a weaker number
than those of the previous two months but still an increase.
Manufacturing employment, output and exports are headed in the right
direction: In April, the number of U.S. manufacturing jobs was up
489,000 from the January 2010 low of 11.5 million. The Institute of
Supply Management’s manufacturing index has shown 33 consecutive
months of expansion."
=============================
"U.S. manufacturing makes a comeback"
By Martin Neil Baily and Bruce Katz
May 18, 2012
Amid continuing mixed signals about the economy, one notable bright
spot is the revival of U.S. manufacturing. The surprising strength of
this once-battered sector holds promise for reenergizing the U.S.
economy overall, and despite troubles in Europe, its new vigor may
provide a boost to the global economy. In the latest “How We’re Doing”
Index, a team of scholars at the Brookings Institution looked at the
past five quarters of economic data to explore how growth in
manufacturing is helping to support the nation’s fragile economic
recovery — with a particular emphasis on key metropolitan areas in a
21st century dominated by high-tech industries.
The latest broad economic reports have been somewhat disappointing.
The economy grew at a 3 percent rate in the fourth quarter of 2011,
but the advance estimate for the first quarter of 2012, 2.2 percent,
was lower than expected. Monthly jobs growth averaged more than
250,000 positions from December through February, but the increase
slowed to 154,000 jobs in March and the economy added only 115,000
positions in April. The unemployment rate is still inching downward,
but it remains above 8 percent. Stronger payroll growth will be needed
for continued improvement.
Because households contribute about two-thirds of U.S. economic
demand, the fairly strong pace of consumer spending — it rose 2.9
percent in the first quarter — is encouraging. Unfortunately,
disposable income is growing more slowly than consumption, a trend
that must change if consumers are to keep spending. If U.S. employment
gains expand, incomes are likely to rise and the fragile recovery will
strengthen. But faltering employment growth could still trigger a self-
reinforcing cycle of weakness. The chances are good that the U.S.
economy is on a self-sustaining path of recovery, but it could be
derailed, notably by a worsening crisis in Europe or conflict in the
Middle East that pushes up oil prices.
Amid all this uncertainty, U.S. manufacturing is returning. The
industry was knocked to its knees by the recession, but it should not
be counted out. Some 16,000 manufacturing jobs were added in April — a
weaker number than those of the previous two months but still an
increase. Manufacturing employment, output and exports are headed in
the right direction: In April, the number of U.S. manufacturing jobs
was up 489,000 from the January 2010 low of 11.5 million. The
Institute of Supply Management’s manufacturing index has shown 33
consecutive months of expansion.
Overall, the U.S. economy remains strongest in advanced manufacturing
sectors with high technological and skills requirements, such as
aerospace, industrial and energy equipment, automobiles and medical
devices. These types of manufacturing are prominent in several
metropolitan areas that were hit hard by the recession but are
recovering, thanks to the sector’s sharp rebound. Detroit benefited
greatly from the revival of the auto industry after the federal rescue
of General Motors and Chrysler in 2009, and it has added jobs rapidly
over the past year. Firms in the Cleveland and Charlotte areas have
ramped up production to take advantage of the shale-gas boom sweeping
much of the country. By contrast, manufacturing employment has grown
more weakly or continued to slide in services- or government-oriented
economies such as Las Vegas and the Washington region. A new Brookings
report on trends in the industry shows how manufacturing employment
has retrenched toward more specialized areas of the Midwest and
Northeast after three decades of steadily southward movement.
Manufacturing accounts for 12 percent of U.S. gross domestic product
and less than 10 percent of national employment; alone, it cannot
power the economic recovery. Yet manufacturing accounts for 70 percent
of private-sector research and development in the United States. High
levels of investment in R&D, the potential to reduce the trade deficit
and the ability to produce good jobs for middle-skilled workers merit
the increased attention the sector is receiving after decades of
policy drift. The administration, for example, has included a
manufacturing initiative of roughly $1 billion in its fiscal 2013
budget, and notable plans have been proposed in Massachusetts and in
Chicago.
Supporting basic science and technology development, providing
advanced infrastructure and financing to help more manufacturers
export to growing foreign markets such as East Asia and Latin America,
and building a manufacturing workforce equipped with quality science,
technology, engineering and math skills are essential for long-term
economic recovery.
http://www.washingtonpost.com/opinions/us-manufacturing-makes-a-comeback/2012/05/18/gIQA6dyVZU_story.html
"Some 16,000 manufacturing jobs were added in April — a weaker number
than those of the previous two months but still an increase.
Manufacturing employment, output and exports are headed in the right
direction: In April, the number of U.S. manufacturing jobs was up
489,000 from the January 2010 low of 11.5 million. The Institute of
Supply Management’s manufacturing index has shown 33 consecutive
months of expansion."
=============================
"U.S. manufacturing makes a comeback"
By Martin Neil Baily and Bruce Katz
May 18, 2012
Amid continuing mixed signals about the economy, one notable bright
spot is the revival of U.S. manufacturing. The surprising strength of
this once-battered sector holds promise for reenergizing the U.S.
economy overall, and despite troubles in Europe, its new vigor may
provide a boost to the global economy. In the latest “How We’re Doing”
Index, a team of scholars at the Brookings Institution looked at the
past five quarters of economic data to explore how growth in
manufacturing is helping to support the nation’s fragile economic
recovery — with a particular emphasis on key metropolitan areas in a
21st century dominated by high-tech industries.
The latest broad economic reports have been somewhat disappointing.
The economy grew at a 3 percent rate in the fourth quarter of 2011,
but the advance estimate for the first quarter of 2012, 2.2 percent,
was lower than expected. Monthly jobs growth averaged more than
250,000 positions from December through February, but the increase
slowed to 154,000 jobs in March and the economy added only 115,000
positions in April. The unemployment rate is still inching downward,
but it remains above 8 percent. Stronger payroll growth will be needed
for continued improvement.
Because households contribute about two-thirds of U.S. economic
demand, the fairly strong pace of consumer spending — it rose 2.9
percent in the first quarter — is encouraging. Unfortunately,
disposable income is growing more slowly than consumption, a trend
that must change if consumers are to keep spending. If U.S. employment
gains expand, incomes are likely to rise and the fragile recovery will
strengthen. But faltering employment growth could still trigger a self-
reinforcing cycle of weakness. The chances are good that the U.S.
economy is on a self-sustaining path of recovery, but it could be
derailed, notably by a worsening crisis in Europe or conflict in the
Middle East that pushes up oil prices.
Amid all this uncertainty, U.S. manufacturing is returning. The
industry was knocked to its knees by the recession, but it should not
be counted out. Some 16,000 manufacturing jobs were added in April — a
weaker number than those of the previous two months but still an
increase. Manufacturing employment, output and exports are headed in
the right direction: In April, the number of U.S. manufacturing jobs
was up 489,000 from the January 2010 low of 11.5 million. The
Institute of Supply Management’s manufacturing index has shown 33
consecutive months of expansion.
Overall, the U.S. economy remains strongest in advanced manufacturing
sectors with high technological and skills requirements, such as
aerospace, industrial and energy equipment, automobiles and medical
devices. These types of manufacturing are prominent in several
metropolitan areas that were hit hard by the recession but are
recovering, thanks to the sector’s sharp rebound. Detroit benefited
greatly from the revival of the auto industry after the federal rescue
of General Motors and Chrysler in 2009, and it has added jobs rapidly
over the past year. Firms in the Cleveland and Charlotte areas have
ramped up production to take advantage of the shale-gas boom sweeping
much of the country. By contrast, manufacturing employment has grown
more weakly or continued to slide in services- or government-oriented
economies such as Las Vegas and the Washington region. A new Brookings
report on trends in the industry shows how manufacturing employment
has retrenched toward more specialized areas of the Midwest and
Northeast after three decades of steadily southward movement.
Manufacturing accounts for 12 percent of U.S. gross domestic product
and less than 10 percent of national employment; alone, it cannot
power the economic recovery. Yet manufacturing accounts for 70 percent
of private-sector research and development in the United States. High
levels of investment in R&D, the potential to reduce the trade deficit
and the ability to produce good jobs for middle-skilled workers merit
the increased attention the sector is receiving after decades of
policy drift. The administration, for example, has included a
manufacturing initiative of roughly $1 billion in its fiscal 2013
budget, and notable plans have been proposed in Massachusetts and in
Chicago.
Supporting basic science and technology development, providing
advanced infrastructure and financing to help more manufacturers
export to growing foreign markets such as East Asia and Latin America,
and building a manufacturing workforce equipped with quality science,
technology, engineering and math skills are essential for long-term
economic recovery.
http://www.washingtonpost.com/opinions/us-manufacturing-makes-a-comeback/2012/05/18/gIQA6dyVZU_story.html
Dink
May 20, 2012, 2:51:53 PM5/20/12
to
Philly Fed factory activity contracts in May
NEW YORK | Thu May 17, 2012 10:33am EDT
(Reuters) - Factory activity in the U.S. mid-Atlantic region
unexpectedly contracted in May to its weakest in eight months as new
orders and employment measures slowed, a survey showed on Thursday.
http://tinyurl.com/7jvsmjo
--
Dink {Vox clamantis in deserto}
You voted for Obama to prove you're not a racist.
Now you need to vote against Obama to prove you're not an ignoramus.
geewhiz
May 20, 2012, 3:26:32 PM5/20/12
to
On May 20, 1:51 pm, Dink <high.cheekbo...@invalid.domain> wrote:
> John Fahrtlington Poopnagel wrote:
> >http://img3.wpdigital.net/rf/image_606w/2010-2019/WashingtonPost/2012...
> John Fahrtlington Poopnagel wrote:
>
> Horse PUCKEY - recovery begins when Obummer loses his job.
> Philly Fed factory activity contracts in May
>
> NEW YORK | Thu May 17, 2012 10:33am EDT
> (Reuters) - Factory activity in the U.S. mid-Atlantic region
> unexpectedly contracted in May to its weakest in eight months as new
> orders and employment measures slowed, a survey showed on Thursday.http://tinyurl.com/7jvsmjo
> Horse PUCKEY - recovery begins when Obummer loses his job.
> Philly Fed factory activity contracts in May
>
> NEW YORK | Thu May 17, 2012 10:33am EDT
> (Reuters) - Factory activity in the U.S. mid-Atlantic region
> unexpectedly contracted in May to its weakest in eight months as new
> --
> Dink {Vox clamantis in deserto}
> You voted for Obama to prove you're not a racist.
> Now you need to vote against Obama to prove you're not an ignoramus.
"UNEXPECTEDLY"
> Dink {Vox clamantis in deserto}
> You voted for Obama to prove you're not a racist.
> Now you need to vote against Obama to prove you're not an ignoramus.
oh! goodness me! yet again!
Willard Mitt Romney
May 22, 2012, 2:08:37 PM5/22/12
to
dinky, of course, I'm not a big Obama fan, what with being his
opponent in this fall's election.
But, tell me -- what half of Obama do you hate the most or like the
least -- his black half, or his white half?
Either way, it seems this person whom you will never meet yet you seem
to hate has seized your attention without even trying.
Perhaps you might feel better by going off into a quiet corner and
sniveling and snuffling yourself to sleep.
opponent in this fall's election.
But, tell me -- what half of Obama do you hate the most or like the
least -- his black half, or his white half?
Either way, it seems this person whom you will never meet yet you seem
to hate has seized your attention without even trying.
Perhaps you might feel better by going off into a quiet corner and
sniveling and snuffling yourself to sleep.
k...@att.bizzzzzzzzzzzz
May 22, 2012, 10:47:39 PM5/22/12
to
On Tue, 22 May 2012 11:08:37 -0700 (PDT), Willard Mitt Romney
<kin...@yahoo.com> wrote:
>dinky, of course, I'm not a big Obama fan, what with being his
>opponent in this fall's election.
>
>But, tell me -- what half of Obama do you hate the most or like the
>least -- his black half, or his white half?
Interesting that you see things only in racial terms. Democrats seem to be
<kin...@yahoo.com> wrote:
>dinky, of course, I'm not a big Obama fan, what with being his
>opponent in this fall's election.
>
>But, tell me -- what half of Obama do you hate the most or like the
>least -- his black half, or his white half?
wired that way; rather one-dimensional. ...and that one dimension is really
small.
Lamont Cranston
May 23, 2012, 6:44:13 PM5/23/12
to
On 5/22/2012 7:47 PM, k...@att.bizzzzzzzzzzzz wrote:
> On Tue, 22 May 2012 11:08:37 -0700 (PDT), Willard Mitt Romney
> <kin...@yahoo.com> wrote:
>
>> dinky, of course, I'm not a big Obama fan, what with being his
>> opponent in this fall's election.
>>
>> But, tell me -- what half of Obama do you hate the most or like the
>> least -- his black half, or his white half?
>
> Interesting that you see things only in racial terms. Democrats seem to be
> wired that way; rather one-dimensional. ...and that one dimension is really
> small.
Actually, we aren't wired that way, but have observed over the years
> On Tue, 22 May 2012 11:08:37 -0700 (PDT), Willard Mitt Romney
> <kin...@yahoo.com> wrote:
>
>> dinky, of course, I'm not a big Obama fan, what with being his
>> opponent in this fall's election.
>>
>> But, tell me -- what half of Obama do you hate the most or like the
>> least -- his black half, or his white half?
>
> Interesting that you see things only in racial terms. Democrats seem to be
> wired that way; rather one-dimensional. ...and that one dimension is really
> small.
just how racist the GOP has become.
k...@att.bizzzzzzzzzzzz
May 23, 2012, 9:55:52 PM5/23/12
to
On Wed, 23 May 2012 15:44:13 -0700, Lamont Cranston <Fri...@Umbra.org> wrote:
>On 5/22/2012 7:47 PM, k...@att.bizzzzzzzzzzzz wrote:
>> On Tue, 22 May 2012 11:08:37 -0700 (PDT), Willard Mitt Romney
>> <kin...@yahoo.com> wrote:
>>
>>> dinky, of course, I'm not a big Obama fan, what with being his
>>> opponent in this fall's election.
>>>
>>> But, tell me -- what half of Obama do you hate the most or like the
>>> least -- his black half, or his white half?
>>
>> Interesting that you see things only in racial terms. Democrats seem to be
>> wired that way; rather one-dimensional. ...and that one dimension is really
>> small.
>
>Actually, we aren't wired that way, but have observed over the years
>just how racist the GOP has become.
You're such a liar, like all Democrats.
>On 5/22/2012 7:47 PM, k...@att.bizzzzzzzzzzzz wrote:
>> On Tue, 22 May 2012 11:08:37 -0700 (PDT), Willard Mitt Romney
>> <kin...@yahoo.com> wrote:
>>
>>> dinky, of course, I'm not a big Obama fan, what with being his
>>> opponent in this fall's election.
>>>
>>> But, tell me -- what half of Obama do you hate the most or like the
>>> least -- his black half, or his white half?
>>
>> Interesting that you see things only in racial terms. Democrats seem to be
>> wired that way; rather one-dimensional. ...and that one dimension is really
>> small.
>
>Actually, we aren't wired that way, but have observed over the years
>just how racist the GOP has become.
Crusher
May 24, 2012, 10:00:30 AM5/24/12
to
is STILL racist, just as it has been since the Civil Rights legislation
passed and the then Democrats turned Republican.
--Bob--
k...@att.bizzzzzzzzzzzz
May 24, 2012, 2:31:47 PM5/24/12
to
On Thu, 24 May 2012 10:00:30 -0400, Crusher <flo...@roadrunner.com> wrote:
>On 5/23/2012 9:55 PM, k...@att.bizzzzzzzzzzzz wrote:
>> On Wed, 23 May 2012 15:44:13 -0700, Lamont Cranston<Fri...@Umbra.org> wrote:
>>
>>> On 5/22/2012 7:47 PM, k...@att.bizzzzzzzzzzzz wrote:
>>>> On Tue, 22 May 2012 11:08:37 -0700 (PDT), Willard Mitt Romney
>>>> <kin...@yahoo.com> wrote:
>>>>
>>>>> dinky, of course, I'm not a big Obama fan, what with being his
>>>>> opponent in this fall's election.
>>>>>
>>>>> But, tell me -- what half of Obama do you hate the most or like the
>>>>> least -- his black half, or his white half?
>>>>
>>>> Interesting that you see things only in racial terms. Democrats seem to be
>>>> wired that way; rather one-dimensional. ...and that one dimension is really
>>>> small.
>>>
>>> Actually, we aren't wired that way, but have observed over the years
>>> just how racist the GOP has become.
>>
>> You're such a liar, like all Democrats.
>
>When 95% of blacks vote Democratic
They're fools. The Democrats are their new plantation bosses.
>On 5/23/2012 9:55 PM, k...@att.bizzzzzzzzzzzz wrote:
>> On Wed, 23 May 2012 15:44:13 -0700, Lamont Cranston<Fri...@Umbra.org> wrote:
>>
>>> On 5/22/2012 7:47 PM, k...@att.bizzzzzzzzzzzz wrote:
>>>> On Tue, 22 May 2012 11:08:37 -0700 (PDT), Willard Mitt Romney
>>>> <kin...@yahoo.com> wrote:
>>>>
>>>>> dinky, of course, I'm not a big Obama fan, what with being his
>>>>> opponent in this fall's election.
>>>>>
>>>>> But, tell me -- what half of Obama do you hate the most or like the
>>>>> least -- his black half, or his white half?
>>>>
>>>> Interesting that you see things only in racial terms. Democrats seem to be
>>>> wired that way; rather one-dimensional. ...and that one dimension is really
>>>> small.
>>>
>>> Actually, we aren't wired that way, but have observed over the years
>>> just how racist the GOP has become.
>>
>> You're such a liar, like all Democrats.
>
>When 95% of blacks vote Democratic
>it's no lie that the Republican party
>is STILL racist, just as it has been since the Civil Rights legislation
>passed and the then Democrats turned Republican.
ANN ROMNEY
May 24, 2012, 5:21:22 PM5/24/12
to
I don't care what you vile people think about my Mitty!
I can tell you that he doesn't dye his hair.
And we don't have a gay son.
So there!
I can tell you that he doesn't dye his hair.
And we don't have a gay son.
So there!
k...@att.bizzzzzzzzzzzz
May 24, 2012, 10:33:18 PM5/24/12
to
On Thu, 24 May 2012 14:21:22 -0700 (PDT), ANN ROMNEY <perry...@hotmail.com>
wrote:
>I don't care what you vile people think about my Mitty!
Of course, you don't think.
wrote:
>I don't care what you vile people think about my Mitty!
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