On Tue, 06 Sep 2011 10:20:26 -0400, wrote:

On Mon, 05 Sep 2011 19:09:36 -0700, wrote:

On Mon, 05 Sep 2011 17:10:40 -0400, wrote:

On Mon, 05 Sep 2011 14:32:49 -0600, Canuck57
wrote:

On 05/09/2011 1:25 PM, wrote:

Yup that is scary. Look at the crash since the end of the housing
bubble. There isn't even a significant bump since the end of 2008. All
the housing boom did was flatten the curve a little. It has really
been falling since the end of the tech bubble.

http://data.bls.gov/timeseries/LNS11300000

Liable to get worse too. Bernanke will print more money, creating more
hidden inflation, people will acquire less stuff, so fewer jobs are
needed. Pretty good chance like Japan's lost decades this will continue
for the foreseeable future.

I hope you are wrong but I am having a hard time seeing what is going
to make this better. Building roads and bridges will put a few people
to work but we are buying machines from Asia to do it and we will have
to print the money to pay the operators.
We really need to find something we can export so we can get some of
our money coming back here.

I do understand there are orders coming in for the F-35 JSF already.

If we were not selling weapons we would be in worse shape than we are
but I am not sure that is the best thing to do in the long run. They
seem to get aimed at us more often than we would like. I hope we are
at least putting a trojan horse in the software so we can crash them
if we need to.

I believe we exported something on the order of $1.5T last year or the
year before. As usual, you're just paranoid.


... and we imported $2.5T


More like $2T, but in any case, it doesn't "far exceed" exports. Try
again.