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Automotive News & Views United Automobile Workers of America (UAW)
16737 messages, Last post on Dec 03, 2009 at 8:53 AM
You are in the Automotive News & Views Forum. Your Hosts are steve_ & claires
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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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Replying to: dallasdude1 (Dec 12, 2008 7:17 pm) The footnotes to that chart explain how the measurement of the unemployment rate has changed over the years. Estimates prior to 1940 are based on sources other than direct enumeration. Data prior to 1948 are for persons age 14 and over. Data beginning in 1948 are for persons age 16 and over. Beginning in January 2006, data are not strictly comparable with data for 2005 and earlier years because of the revisions in the population controls used in the household survey. So, I'm not seeing any change in the measurement from the 1920s to the eve of World War II - the relevant period for the sake of determining the effectiveness of Roosevelt's New Deal policies - that skews the results or makes comparisons impossible. |
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Replying to: marsha7 (Dec 15, 2008 7:48 am)  Speaking of Detroit theaters, the Michigan has been nicely repurposed: 
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Not really; more like a sabbatical on partial pay: GM's Vauxhall Offers Workers Innovative Furlough Plan (AutoObserver) I'm assuming this includes line workers and not just white collar employees. |
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Replying to: marsha7 (Dec 15, 2008 7:48 am) 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??? The best way to see Detroit is in your rear view mirror...I defy ANYONE to find anything good to say about the City of Detroit, and rocky doesn't count... I think I found good things to say about Detroit. Theater is vibrant and Detroit has some of the best places to go. Thats what.
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