IS THERE NOTHING SACRED ANYMORE??

I have been telling this to anybody who will listen. There was a brief time during the early 2000's that everything I bought worked great. From computers to appliances they all worked perfectly as advertised. Before that time objects were made better and lasted longer but did not necessarily work perfectly. Now days everything designed and made in early 2000's have been made cheaper and cheaper to the point that brand new stuff does not work perfect anymore. The computer guys have spent the last 20 years building their own job security and/or required pay only upgrades into all the software. From about 1998 to 2010 seemed to me products were far better.
 
IMHO You ain't seen nothing yet.

Take coffee for instance. The only coffee grown in the US is Hawaiian an it currently sells for about $36. We go to slapping tariffs on stuff and even if coffee is excluded the countries that export coffee can slap on export fees

When 20.7% of our GNP is from finance, real estate and insurance and another 13% is business and professional services, while only 10.3% of our GNP is from manufactured goods, 1.4% from mineral extraction and less than 1% of it from agriculture and forestry, starting trade wars isn't in Joe working consumer's best interest.
 
IMHO You ain't seen nothing yet.

Take coffee for instance. The only coffee grown in the US is Hawaiian an it currently sells for about $36. We go to slapping tariffs on stuff and even if coffee is excluded the countries that export coffee can slap on export fees

When 20.7% of our GNP is from finance, real estate and insurance and another 13% is business and professional services, while only 10.3% of our GNP is from manufactured goods, 1.4% from mineral extraction and less than 1% of it from agriculture and forestry, starting trade wars isn't in Joe working consumer's best interest.

I agree with this commentary; however, it seems to be the only way to move production back on shore. It will be painful, but it has to happen.

I got an apple pie the other day (Hostess I think) and it was like 3 bites. It had a small inner cardboard the filled out the package to ensure it didn't get crushed, but it hid the size of the little pie. Thats the last one I ever buy.
 
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To add insult to injury the pie had huge air spaces in the pie itself, so I am sure they cut the amount of filling and no more sugar glaze on the outside.

I would be willing to pay the extra .25 or .50 cents to get a real snack.
 
I agree with this commentary; however, it seems to be the only way to move production back on shore. It will be painful, but it has to happen.

All of our infrastructure to manufacture consumer goods has been sold off a long time ago. In order to make things like tires, clothing, auto parts you need the the equipment to to so. Just where are those going to come from and just what incentive is there for investors to lay the capital out for that when they can make more money off non manufactured investments or simply import goods from other countries, tack the tariffs on to the sale price? Why should a manufacturing business reinvest in its infrastructure when there is no real advantage, hey pay the government their 28% cut and stick the other 72% in your pocket. When every store and cafe in the country has help wanted signs, where is the labor going to come from, especially skilled labor? Anybody that thinks the homeless camps, the ghettos and mommy and daddy's couches are going to empty out to fill those jobs is disillusion. Plus, even if you do manage to fill just 25% of those slots, whose going to be able to afford those products?? Things like cars cost more than consumers can afford now

When America started to become great, after WWI, it did it on manufacturing. During that time the tax on the top 10% was 90% and it stayed their until well after WWII when this country truly excelled, we built the interstate system, improved are rail system, airports, a man working a 40 hour job could support his family, buy a house and his wife could stay home and raise the kids.
In 1933 the tax on $1,000,000 was ($24,268,000 in 2024 dollars) was 63%
In 1973 the tax on $400,000 (2,800 in 2024 dollars) was 91%
In 1980 the tax on $215,000 ($823,000 in 2024 dollars)was 70%.

During those periods instead of paying out taxes on profits, businessmen would roll their money back into their businesses. Buy or built better equipment or more equipment.

Yup the manufacturing industry that made America a world power collapsed, but then when you fail to improve your infrastructure, but just rake off the profits or turn to using materials made by cheap 3rd world labor and sell off your equipment or let it turn to rust that's what happens.

In the 1980s taxes started drop under the "trickle down economics" theory. To a max rate of 50% in 83 then to 39.6 in 1993, then the 35% in 2003. It is now 28%

I would think that anyone with an IQ of 100 could see the relationships between those tax rates, the increase in debt, the corresponding devaluation of the dollar, the degradation of our infrastructure as well as the fact the real rich have gotten even richer and the middle class has been squeezed harder and harder, the increase in poverty and the decline in America. But, I guess not
 
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All of our infrastructure to manufacture consumer goods has been sold off a long time ago. In order to make things like tires, clothing, auto parts you need the the equipment to to so. Just where are those going to come from and just what incentive is there for investors to lay the capital out for that when they can make more money off non manufactured investments or simply import goods from other countries, tack the tariffs on to the sale price? Why should a manufacturing business reinvest in its infrastructure when there is no real advantage, hey pay the government their 28% cut and stick the other 72% in your pocket. When every store and cafe in the country has help wanted signs, where is the labor going to come from, especially skilled labor? Anybody that thinks the homeless camps, the ghettos and mommy and daddy's couches are going to empty out to fill those jobs is disillusion. Plus, even if you do manage to fill just 25% of those slots, whose going to be able to afford those products?? Things like cars cost more than consumers can afford now

When America started to become great, after WWI, it did it on manufacturing. During that time the tax on the top 10% was 90% and it stayed their until well after WWII when this country truly excelled, we built the interstate system, improved are rail system, airports, a man working a 40 hour job could support his family, buy a house and his wife could stay home and raise the kids.
In 1933 the tax on $1,000,000 was ($24,268,000 in 2024 dollars) was 63%
In 1973 the tax on $400,000 (2,800 in 2024 dollars) was 91%
In 1980 the tax on $215,000 ($823,000 in 2024 dollars)was 70%.

During those periods instead of paying out taxes on profits, businessmen would roll their money back into their businesses. Buy or built better equipment or more equipment.

Yup the manufacturing industry that made America a world power collapsed, but then when you fail to improve your infrastructure, but just rake off the profits or turn to using materials made by cheap 3rd world labor and sell off your equipment or let it turn to rust that's what happens.

In the 1980s taxes started drop under the "trickle down economics" theory. To a max rate of 50% in 83 then to 39.6 in 1993, then the 35% in 2003. It is now 28%

I would think that anyone with an IQ of 100 could see the relationships between those tax rates, the increase in debt, the corresponding devaluation of the dollar, the degradation of our infrastructure as well as the fact the real rich have gotten even richer and the middle class has been squeezed harder and harder, the increase in poverty and the decline in America. But, I guess not

Lack of manufacturing has also badly hurt our armed forces and merchant marine. Our ability to build ships and subs is a national scandel.
 
Lack of manufacturing has also badly hurt our armed forces and merchant marine. Our ability to build ships and subs is a national scandel.

True. While welding technology has improved a lot, the number of real welders is way down. Add that to the price of steel and the cost of domestic manufacturing is enormous. Domestic steel production is currently less than 1/2 the high point around 1970. Our ability to produce steel and steel products were the major reason we won WWII and became the world power. But, you can't just restart a shutdown smelter like it was a car that sit for 50 years. If we started now and invested almost unlimited amounts of money we might be able to get back to where we were in 1970 by 2035. IF we had the labor to do so which we don't. Plus, if you think the environmentalist are screaming about coal fired generators, think about getting the permits to fire up coke fired steel mills. On top of that they are like landfills. Everyone wants them, but nowhere close to where they live. :D
 
I think they can cut another foot off the toaster cord. Most appliances used to have a 6 foot cord so you can place it where convenient. It's maybe 2 ft now, I guess that's why the kitchen has a dozen outlets. Joe

Got a new toaster for Xmas, that had a long cord.

The old toaster cord was too short and had to be used sideways
on our counter top, to work the controls !!

I could not unplug that hunk of junk, fast enough.
 
Is the sale of US Steel getting past our leadership?
98% of the stockholders voted to sell. What have we become ourselves?
 
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The toaster my wife and I have used for 48 years was a wedding present to her mom and dad '54, it is identical to the one my mom and dad got as a wedding present '50. Its a Hamilton Beach and toasts normal sized bread to perfection. It will not accept any kind of Bagel, English Muffin, etc. unless it is sliced as thin as a standard slice of bread. I have threatened to get one of those big wide buggers for this purpose but we do have a lack of space and its a minor consideration.
 

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