NOYB wrote:
wrote in message
ups.com...
I took a seaplane up to Roche Harbor to cover one of the many owner's
rendezvous we see up this way every spring and summer. The boats were
all 36-60 feet, (nearly all 42 or larger and over 50 very common). The
least expensive boats run about $500k, with 7-figure price tags
extremely common. This line of Asian trawlers has been imported by the
regional dealer for about 5 years, so I was impressed to see over 30
boats gathered the last weekend in April at Roche Harbor.

When I remarked about the large gathering, I was told that several of
the people who had intended to come had to change plans at the last
minute, or the gathering would have been larger.
"We'll have a substantially larger group next year," said a
representative of the local broker/importer, "we currently have orders
for another 31 yachts."

That's a lot of upscale boat business, by any standard.


And all despite the escalating fuel costs. The economy is apparently
stronger than some would like us to believe. Imagine if fuel was back down
to $2/gallon!



The economy is *extremely good* right now, for certain groups and
certain sectors.
The gap between the haves and the have-nots is growing by leaps and
bounds. Some of the former middle class are joining the "haves", but a
greater number are probably joining the "have nots". For people basing
their personal economic life around working at a skilled or
semi-skilled occupation for a salary or hourly wage, incomes are more
fequently almost stagnant or even slowly declining, (while prices for
most things rise slowly and prices for eenrgy are shooting through the
roof.) But I do agree, if one only looks at a portion of the picture or
considers only ones' specific personal curcumstances the current
situation can appear very rosy indeed for a lucky (or hard working and
highly deserving) minority.

Most of the world never had a middle class. It was a product of the
need for skilled labor in a highly industrialized society in the
western economies where it has existed in the last 150 years. I think
historians will look back on this time and observe that when the
industrial base shifted from the first world to third world nations,
computers and robotics replaced a lor of the supervisory and skilled
labor occupations. This new dynamic, coupled with a surplus labor
supply numbering in the hundreds of millions in the newly emerging
industrial
powerhouses, will allow lifestyles in the Asian countries to improve
dramatically but there will be no need to transfer enough wealth to the
workforce to ever create a middle class consumer economy in most of
those areas similar to that of the United States in the last half of
the 20th Century.

When the dot.bomb stock frenzy was in full swing, a lot of big boats
were sold as well.
Obviously this isn't primarily high-tech stock money going into these
boats, a lot of it is probably people refinancing nice homes, or
selling off that rental house they bought 30 years ago for $30,000 and
walking away with $1mm.

More people than ever can afford a $1mm plus boat. More people than
ever cannot afford to pay the premiums for basic health insurance. You
could look at either end of the spectrum and draw some conclusions
about the economy, and many people (with a variety of motivations, of
course) will do so. I think the fact is that the total economic picture
legitimately includes both extremes, with an increasing emphasis on
each of the extremes and less emphasis than ever before on the area in
between.

wrote in message
ups.com...

NOYB wrote:
wrote in message
ups.com...
I took a seaplane up to Roche Harbor to cover one of the many owner's
rendezvous we see up this way every spring and summer. The boats were
all 36-60 feet, (nearly all 42 or larger and over 50 very common). The
least expensive boats run about $500k, with 7-figure price tags
extremely common. This line of Asian trawlers has been imported by the
regional dealer for about 5 years, so I was impressed to see over 30
boats gathered the last weekend in April at Roche Harbor.

When I remarked about the large gathering, I was told that several of
the people who had intended to come had to change plans at the last
minute, or the gathering would have been larger.
"We'll have a substantially larger group next year," said a
representative of the local broker/importer, "we currently have orders
for another 31 yachts."

That's a lot of upscale boat business, by any standard.


And all despite the escalating fuel costs. The economy is apparently
stronger than some would like us to believe. Imagine if fuel was back
down
to $2/gallon!



The economy is *extremely good* right now, for certain groups and
certain sectors.
The gap between the haves and the have-nots is growing by leaps and
bounds.

That's the fault of the have-nots.

(Just thought I'd beat NOYB to the punch)

"Doug Kanter" wrote in message
...
wrote in message
ups.com...

NOYB wrote:
wrote in message
ups.com...
I took a seaplane up to Roche Harbor to cover one of the many owner's
rendezvous we see up this way every spring and summer. The boats were
all 36-60 feet, (nearly all 42 or larger and over 50 very common). The
least expensive boats run about $500k, with 7-figure price tags
extremely common. This line of Asian trawlers has been imported by the
regional dealer for about 5 years, so I was impressed to see over 30
boats gathered the last weekend in April at Roche Harbor.

When I remarked about the large gathering, I was told that several of
the people who had intended to come had to change plans at the last
minute, or the gathering would have been larger.
"We'll have a substantially larger group next year," said a
representative of the local broker/importer, "we currently have orders
for another 31 yachts."

That's a lot of upscale boat business, by any standard.


And all despite the escalating fuel costs. The economy is apparently
stronger than some would like us to believe. Imagine if fuel was back
down
to $2/gallon!



The economy is *extremely good* right now, for certain groups and
certain sectors.
The gap between the haves and the have-nots is growing by leaps and
bounds.

That's the fault of the have-nots.

(Just thought I'd beat NOYB to the punch)

"I hate the poor. The poor can't pay." (Denny Crane, "Boston Legal")

"NOYB" wrote in message
ink.net...

"Doug Kanter" wrote in message
...
wrote in message
ups.com...

NOYB wrote:
wrote in message
ups.com...
I took a seaplane up to Roche Harbor to cover one of the many owner's
rendezvous we see up this way every spring and summer. The boats were
all 36-60 feet, (nearly all 42 or larger and over 50 very common).
The
least expensive boats run about $500k, with 7-figure price tags
extremely common. This line of Asian trawlers has been imported by
the
regional dealer for about 5 years, so I was impressed to see over 30
boats gathered the last weekend in April at Roche Harbor.

When I remarked about the large gathering, I was told that several of
the people who had intended to come had to change plans at the last
minute, or the gathering would have been larger.
"We'll have a substantially larger group next year," said a
representative of the local broker/importer, "we currently have
orders
for another 31 yachts."

That's a lot of upscale boat business, by any standard.


And all despite the escalating fuel costs. The economy is apparently
stronger than some would like us to believe. Imagine if fuel was back
down
to $2/gallon!



The economy is *extremely good* right now, for certain groups and
certain sectors.
The gap between the haves and the have-nots is growing by leaps and
bounds.

That's the fault of the have-nots.

(Just thought I'd beat NOYB to the punch)

"I hate the poor. The poor can't pay." (Denny Crane, "Boston Legal")



You've echoed similar sentiments in the past.

On 1 May 2006 11:14:16 -0700, "
wrote:


NOYB wrote:
wrote in message
ups.com...
I took a seaplane up to Roche Harbor to cover one of the many owner's
rendezvous we see up this way every spring and summer. The boats were
all 36-60 feet, (nearly all 42 or larger and over 50 very common). The
least expensive boats run about $500k, with 7-figure price tags
extremely common. This line of Asian trawlers has been imported by the
regional dealer for about 5 years, so I was impressed to see over 30
boats gathered the last weekend in April at Roche Harbor.

When I remarked about the large gathering, I was told that several of
the people who had intended to come had to change plans at the last
minute, or the gathering would have been larger.
"We'll have a substantially larger group next year," said a
representative of the local broker/importer, "we currently have orders
for another 31 yachts."

That's a lot of upscale boat business, by any standard.


And all despite the escalating fuel costs. The economy is apparently
stronger than some would like us to believe. Imagine if fuel was back down
to $2/gallon!



The economy is *extremely good* right now, for certain groups and
certain sectors.
The gap between the haves and the have-nots is growing by leaps and
bounds. Some of the former middle class are joining the "haves", but a
greater number are probably joining the "have nots". For people basing
their personal economic life around working at a skilled or
semi-skilled occupation for a salary or hourly wage, incomes are more
fequently almost stagnant or even slowly declining, (while prices for
most things rise slowly and prices for eenrgy are shooting through the
roof.) But I do agree, if one only looks at a portion of the picture or
considers only ones' specific personal curcumstances the current
situation can appear very rosy indeed for a lucky (or hard working and
highly deserving) minority.

Most of the world never had a middle class. It was a product of the
need for skilled labor in a highly industrialized society in the
western economies where it has existed in the last 150 years. I think
historians will look back on this time and observe that when the
industrial base shifted from the first world to third world nations,
computers and robotics replaced a lor of the supervisory and skilled
labor occupations. This new dynamic, coupled with a surplus labor
supply numbering in the hundreds of millions in the newly emerging
industrial
powerhouses, will allow lifestyles in the Asian countries to improve
dramatically but there will be no need to transfer enough wealth to the
workforce to ever create a middle class consumer economy in most of
those areas similar to that of the United States in the last half of
the 20th Century.

When the dot.bomb stock frenzy was in full swing, a lot of big boats
were sold as well.
Obviously this isn't primarily high-tech stock money going into these
boats, a lot of it is probably people refinancing nice homes, or
selling off that rental house they bought 30 years ago for $30,000 and
walking away with $1mm.

More people than ever can afford a $1mm plus boat. More people than
ever cannot afford to pay the premiums for basic health insurance. You
could look at either end of the spectrum and draw some conclusions
about the economy, and many people (with a variety of motivations, of
course) will do so. I think the fact is that the total economic picture
legitimately includes both extremes, with an increasing emphasis on
each of the extremes and less emphasis than ever before on the area in
between.

Oh woe is me.

That's for all y'all saying the economy is so bad. I wonder who's buying
all these middle class homes? I wonder who's buying all the cars? I wonder
who's getting all the jobs and promotions?

What tripe!
--
'Til next time,

John H

******************************************
***** Have a Spectacular Day! *****
******************************************

"JohnH" wrote in message
...

Oh woe is me.

That's for all y'all saying the economy is so bad. I wonder who's buying
all these middle class homes? I wonder who's buying all the cars? I wonder
who's getting all the jobs and promotions?

What tripe!


Lots of people SELLING middle class homes, too. Without further information
about this, any conclusions are vapor.

"JohnH" wrote in message
...

Oh woe is me.

That's for all y'all saying the economy is so bad. I wonder who's buying
all these middle class homes? I wonder who's buying all the cars? I wonder
who's getting all the jobs and promotions?
..

"Whaddaya mean, run out of buffalo? Whoever heard of such an idea? I
just saw a herd a couple of days ago. Must still be plenty left." Wm
Cody, 1891 (not, just for purposes of illustration)

I never said the economy was bad. What I did say was that more people
than ever before are able to buy $1mm boats, and that more people than
ever before are working without as basic a benefit as health insurance
and cannot individually afford the premiums to pay for it with after
tax dollars. Is either one of those statements untrue? No, both are
correct.

wrote in message
ups.com...


"JohnH" wrote in message
...

Oh woe is me.

That's for all y'all saying the economy is so bad. I wonder who's
buying
all these middle class homes? I wonder who's buying all the cars? I
wonder
who's getting all the jobs and promotions?
.

"Whaddaya mean, run out of buffalo? Whoever heard of such an idea? I
just saw a herd a couple of days ago. Must still be plenty left." Wm
Cody, 1891 (not, just for purposes of illustration)

I never said the economy was bad. What I did say was that more people
than ever before are able to buy $1mm boats, and that more people than
ever before are working without as basic a benefit as health insurance
and cannot individually afford the premiums to pay for it with after
tax dollars. Is either one of those statements untrue? No, both are
correct.


Business has never been better for most every industrial customer I see.

It has been going like an old chain saw over the past few years for
them..............revs up........sputters..........revs
up...........sputters.........

It has now been purring consistently for enough months for these plants to
be hiring new employees and putting on additional shifts. They have also
been ordering new durable goods (machinery) and expanding their buildings.
You don't do that with an uncertain economy or one which 'sputters'. ;-)

There will always be the uneducated and the unmotivated not willing to put
in the time and hard work to make it happen for them. No President will be
able to change that.

JimH wrote:
wrote in message
ups.com...


"JohnH" wrote in message
...

Oh woe is me.

That's for all y'all saying the economy is so bad. I wonder who's
buying
all these middle class homes? I wonder who's buying all the cars? I
wonder
who's getting all the jobs and promotions?
.

"Whaddaya mean, run out of buffalo? Whoever heard of such an idea? I
just saw a herd a couple of days ago. Must still be plenty left." Wm
Cody, 1891 (not, just for purposes of illustration)

I never said the economy was bad. What I did say was that more people
than ever before are able to buy $1mm boats, and that more people than
ever before are working without as basic a benefit as health insurance
and cannot individually afford the premiums to pay for it with after
tax dollars. Is either one of those statements untrue? No, both are
correct.


Business has never been better for most every industrial customer I see.

It has been going like an old chain saw over the past few years for
them..............revs up........sputters..........revs
up...........sputters.........

It has now been purring consistently for enough months for these plants to
be hiring new employees and putting on additional shifts. They have also
been ordering new durable goods (machinery) and expanding their buildings.
You don't do that with an uncertain economy or one which 'sputters'. ;-)

There will always be the uneducated and the unmotivated not willing to put
in the time and hard work to make it happen for them. No President will be
able to change that.


The change in the economic landscape transcends politics. If the D's
were in office right now, or if someother party not even invented yet
had the WH, things wouldn't be much different.

One reason that so many of the new boats being introduced are 35 feet
and larger and $350,000 and up is that seems to be where the market is.
Wally Lunchbucket, with his job at the widget plant paying enough to
drive two fairly new cars, pay off the mortgage on a cozy little tract
house, help out with the kids's college bills, and still afford a
decent boat for cruising or skiing is an endangered species- and for
reasons that have a lot to do with global economics, computerization,
and other issues that are not in the least bit political.

wrote in message
oups.com...

JimH wrote:
wrote in message
ups.com...


"JohnH" wrote in message
...

Oh woe is me.

That's for all y'all saying the economy is so bad. I wonder who's
buying
all these middle class homes? I wonder who's buying all the cars? I
wonder
who's getting all the jobs and promotions?
.

"Whaddaya mean, run out of buffalo? Whoever heard of such an idea? I
just saw a herd a couple of days ago. Must still be plenty left." Wm
Cody, 1891 (not, just for purposes of illustration)

I never said the economy was bad. What I did say was that more people
than ever before are able to buy $1mm boats, and that more people than
ever before are working without as basic a benefit as health insurance
and cannot individually afford the premiums to pay for it with after
tax dollars. Is either one of those statements untrue? No, both are
correct.


Business has never been better for most every industrial customer I see.

It has been going like an old chain saw over the past few years for
them..............revs up........sputters..........revs
up...........sputters.........

It has now been purring consistently for enough months for these plants
to
be hiring new employees and putting on additional shifts. They have also
been ordering new durable goods (machinery) and expanding their
buildings.
You don't do that with an uncertain economy or one which 'sputters'. ;-)

There will always be the uneducated and the unmotivated not willing to
put
in the time and hard work to make it happen for them. No President will
be
able to change that.


The change in the economic landscape transcends politics. If the D's
were in office right now, or if someother party not even invented yet
had the WH, things wouldn't be much different.


So you gave Clinton credit when the economy was good during a short time
when he was in office............... and now the story is different? ;-)

Is that how it goes?



One reason that so many of the new boats being introduced are 35 feet
and larger and $350,000 and up is that seems to be where the market is.
Wally Lunchbucket, with his job at the widget plant paying enough to
drive two fairly new cars, pay off the mortgage on a cozy little tract
house, help out with the kids's college bills, and still afford a
decent boat for cruising or skiing is an endangered species- and for
reasons that have a lot to do with global economics, computerization,
and other issues that are not in the least bit political.


Yet a previous post of yours showing statistics on Q1 2006 vs Q1 2005 boat
sales in your area showed that all but the 18 feet and under new boats were
selling good. Go figure. ;-)