The "big rebound" in manufacturing that was reported today is surely a bizarre fluke that will revert back to the norm next month...
Just the massive decline in auto sales alone could impact October's numbers...and remember the American Auto companies are now "ramping up production" on their NEW 2006 GAS GUZZLERS! Yipee!
I Pity those who took advantage of the "employee discounts" and are now stuck with an F-150 truck on a 7 year no money down contract!
Talk about being in the wrong place at the wrong time... Who said Detroit was Dumb! They must have see this coming.... Ya think?
Still, if gas stays high...near $3 per gallon...the economy will slowly deteriorate no matter what.
And remember those Walmart Workers don't remember gas in the '70's "adjusted for inflation." To most low wage people high gas has SIMPLY SHUT DOWN ALL DECRETIONARY TRAVEL...
BYE BYE TOURISM USA!
RIGHT NOW HAPPINESS IS A 4 CYCLINDER CAR! A NICE SMALL TOYOTA OR KIA THAT RUNS FOREVER ON $20 WORTH OF GAS.
THE US ECONOMY IS ROTTING FROM THE INSIDE OUT... NO LONGER ARE THE BI-COASTAL AREAS PREDICTORS OF THINGS TO COME. INDEED THE BI-COASTAL ECONOMIES ARE STUCK IN THE PAST.
AN ECONOMIC TSUNAMI IS HEADING FOR THE EAST AND WEST COASTS...AND IT'S STARTING IN THE MIDWEST, MID SOUTH AND PLAINS STATES...FLY OVER COUNTRY IS DYING SLOWLY BUT SURELY EVERYDAY NOW.
AND ALAS, THE BI-COASTAL "RICH" AND THEIR SHILLS AND SYCOPHANTS IN THE MAIN-STREAM MEDIA ARE ALWAYS THE LAST TO KNOW... COUNT ON IT.