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According to NBC manufacturing sector claims highest profits in 20 years

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Generic Other Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-02-04 09:11 PM
Original message
According to NBC manufacturing sector claims highest profits in 20 years
Yet we aren't manufacturing anything other than lies. What gives?
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depakid Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-02-04 09:14 PM
Response to Original message
1. "Defense" spending eom
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madrchsod Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-02-04 09:16 PM
Response to Original message
2. lay off workers,fire workers,and
Edited on Fri Jan-02-04 09:18 PM by rchsod
do not replace retires . then you work the shit out of the people left cause thet are scared they`ll be out the door. and add in some nice tax cuts and other accounting "tricks" and they are rolling in the money..
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cryofan Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-02-04 09:19 PM
Response to Original message
3. desperate 3rd world illegal immigrants are GRREEEAATTT for PROFITS!!!
I LOVE America.....
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readmylips Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-02-04 09:22 PM
Response to Original message
4. Manufacturing claims high....they are right...
Thousands of jobs were transferred to foreign countries where people are paid $3.00 a month. Yes manufacturing is high in foreign countries doing work for US companies. US companies don't have to tell you where their products come from and they get to claim that manufacturing...high in other countries but not in the USA. The whole thing is cooked and destorted.
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ElsewheresDaughter Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-02-04 09:24 PM
Response to Original message
5. when your paying 3rd worlders $.30 an hour ...outsource = great profits
Edited on Fri Jan-02-04 09:26 PM by ElsewheresDaughter
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pfitz59 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-02-04 09:27 PM
Response to Original message
6. Didn't Congress slip in a law......
Allowing companies to reclaim foreign income tax free?
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aquart Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-02-04 09:30 PM
Response to Original message
7. Where did this manufacturing take place?
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Fridays Child Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-02-04 09:50 PM
Response to Reply #7
8. That's my question, too.
Manufacturing jobs are flying out of the country and manufacturers' profits are up. No rocket science degree is needed to figure this one out.
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toodles_oduff Donating Member (117 posts) Send PM | Profile | Ignore Fri Jan-02-04 11:03 PM
Response to Original message
9. Will the general public be fooled by this?
I mean will they really think that they are sharing in this bounty somehow? Maybe if you're an employee stockholder and your company's shares have done well over the past year. But are there really that many people around in that situation? Let's say the factory where you work is shut down and moved to India, you're out of a job, but you kept the company stock. Does that really make up for the lost wages?

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BackDoorMan Donating Member (412 posts) Send PM | Profile | Ignore Fri Jan-02-04 11:29 PM
Response to Reply #9
10. The general public doesn't give a shit. Until it's affects them and by
then it's too late. Keep them in fear, forcused on the lies and "terrorist" in Iraq, keep them overworked so they don't want to do anythink but partying, and getting their info from the right-wing corporate media telling them Bush is great and looking out for them.
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