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16701 messages, Last post on Nov 20, 2009 at 3:39 AM
You are in the Automotive News & Views Forum. Your Hosts are steve_ & claires
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Replying to: dallasdude1 (Dec 14, 2008 3:43 pm) Since we know we will be competing with China, why not get agile and excellent now? Detroit has decades of slow responses, shouldn't we move world-class fast? That's why this incremental stuff like GMs unwillingness to shut down divisions (which should have been done 5-10 years ago when they had more money) is so exasperating. One thing that is certain - propping them up won't solve their problems; it's like giving an addict more cocaine. Let's hope they make real tough decisions in spite of any bailout money that goes their way. Having the taxpayers pour money into them will hurt the country a lot if they don't change their ways, and FAST. |
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Replying to: marsha7 (Dec 12, 2008 7:29 pm) Fox Theatre Opera House Gem Theatre
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Replying to: 62vetteefp (Dec 15, 2008 5:32 am)
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Replying to: dieselone (Dec 14, 2008 3:17 pm) |
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Replying to: gagrice (Dec 15, 2008 6:29 am)
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Replying to: dallasdude1 (Dec 14, 2008 3:43 pm) A large Soviet integrated steel mill would employ 50,000. A similar American one would employ 10,000. This was back in the heyday of Big Steel. I imagine the Chinese still use the old Soviet model. |
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Replying to: 62vetteefp (Dec 15, 2008 6:59 am) |
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Replying to: gagrice (Dec 15, 2008 6:29 am) I have been thinking the same thing. With all the social / politcal / economic issues at heart with these stupid bailouts, err I mean handouts, I wouldn't think that some kind of civil unrest in the not too distant future would be unheard of. |
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may be admirable, but really have nothing to do with what makes Detroit tick, or, what used to make Detroit tick...I have been to the Fox...nice place...so what??? steve: burying me in links is no threat...apparently EVERYONE here knows how to link except me...this is what happens when you drop out of school in the 3rd grade, you grow up unable to link on the Internet...they warned me about this 20 years ago, but did I listen???...no, so now I am off to my job at the Jobs Bank, where the donuts are fresh and the coffee is hot... |
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Replying to: dallasdude1 (Dec 12, 2008 4:43 pm) In 1930 GDP fell 9.4% In 1931 GDP fell 8.5% In 1932 GDP fell 13.4% FDR took office in March 1933 In 1933 GDP fell 2.1% In 1934 GDP rose 7.7% In 1935 GDP rose 8.1% In 1936 GDP rose 14.1% In 1937 GDP rose 5.0% In 1938 GDP fell 4.5% In 1939 GDP rose 7.9% Only problem is that you need to compare those figures to figures from 1921-28, with an adjustment for inflation, to get a real idea of whether Roosevelt's policies brought back a true recovery. The economy had contracted so much from 1929-1933 that the increases in the mid-1930s were from a very low base...and still didn't bring the economy back to where it was in the mid-1920s. The economy was limping along until the stimulus of war production brought about a recovery in 1940-41. And unemployment was still in the double digits throughout the 1930s.
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