Economic Indicators

[Kaw1000]

The economy is in very bad shape, and It will get much worse....there is not a bright spot in the future.
1) Your house is now depreciating..for many years It appreciated. slumping sales not many homes being built
many many people effected
2) Automotive Industry...Its in very bad shape...major layoffs with many more on the way.Factory's closing left and right.
car dealerships sell half of what they used too....major pay cuts to many managers...auto auctions
laying off many people to cut cost..think of all the small company's that are tied into automotive..they are in trouble!
3) Airline business...many layoffs cut backs!
4)Union companies...Union playing hard ball with these companies and these companies firing all employees and hiring new folks
for less money because they know times are tough, and many people are looking for jobs and will work for less.
These are just 4 examples out of many. Also you have... The price of gas.....banks tightening their belts.....stock market declining...
Record breaking bankruptcies...record breaking credit card debt...record breaking house forclosures...record breaking car repos....
Companies buying each other out and laying off many people....corupt politicians...corrupt CEOS....jails filled to capacity...wealfare system
being abused...health care cost out of this world.....Insurance cost out of this world....price of food keeps going up...peoples paychecks
going down....Have I forgot anything??
  Enjoy life while you can folks because its going to get very ugly. Its right at our door steps!!
 

[AWMac]

No mention of Global Warming, Great Satan, Boosh, Hillery, Barack, McCain, Racial Cards, Guns, WMDs, Libruls, Republicans, Democrats, Ron Paul, PETA, carpeted garages, Jeeps, Texas, Racoons or Opossums.

Nice troll...

Only earns you a 4.6... that was for length and attempted scare tactic.

Mac

[Kaw1000]

Mac I'm going to use one of my favorite movie lines that sums up what I think of you
Captan InsaneO " lolol how old are you kid?? 14 15??" Waterboy..."ummm I'm 35"
Captin InsanO "LOLOLOLOLOLOLOL"

[AWMac]

 

Man yer old and smart... 35 huh?

Just amazing.

 

Mac

[SteveBailey]

The economy is in very bad shape, and It will get much worse....there is not a bright spot in the future.

My business has doubled in the last year and looks like it will continue to grow.  When I decided to go out on my own, I looked for an industry that was as recession proof as possible.  If an average guy like me, well according to the lefties on this board I'm a moron, can flourish there is ample opportunity out there.  Most people sit around and wait for someone else to take care of them.  I saw the light 5 years ago and am always bewildered that others don't see it.  That and that it took me so long to figure out the key to affluence and freedom, since it's so painfully simple.

[uptown]

My economic indicator is my billfold...Yep the economy suks 

[AWMac]

My business has doubled in the last year and looks like it will continue to grow.  When I decided to go out on my own, I looked for an industry that was as recession proof as possible.  If an average guy like me, well according to the lefties on this board I'm a moron, can flourish there is ample opportunity out there.  Most people sit around and wait for someone else to take care of them.  I saw the light 5 years ago and am always bewildered that others don't see it.  That and that it took me so long to figure out the key to affluence and freedom, since it's so painfully simple.

I'm gonna make Coffins too!

[FrodeMk3]

One of our economic indicators is the trucking industry. Since just about everything we use/buy is at one time or another on a truck here is a bad sign of how our economy is going.

In the first quarter of this year 930 trucking companies have gone out of business! All of these companies owned 50 trucks and employed 50 plus drivers, not to mention the support personnel! Just with the drivers that's 46,500 people out of work in the first 3 months of the year!

What's the reason given? High fuel prices and lack of freight from manufacturers due to customers/consumers not having the money to buy with due once again to the high fuel prices!

I'm one of these drivers that's been caught up in this deal and trying to find a new job is looking slim. I was a relief driver for Jevic Transportation and they folded up, closed the doors and we were left hanging. So if you think the economy is bad, it's getting worse and most of us don't see it improving anytime soon.

Hey Rick-when I was younger, I started off running Vacuum trucks' in the local oilpatch, Then moved on to End-dumps hauling hazardous material up from LA, San Diego, and down out of the bay area. Having done that back from '94-'98. I watched what was happening to guys' then, when fuel started shooting up, without any change in freight rates. That's when I got back into construction...Anyway, I'd say look around. What will happen is that some of the larger companies that can weather the tough times' will pick up the routes. It might mean having to drive for someone like J.B. Hunt or Swift, but something will come up.

[navajoboy]

My business has doubled in the last year and looks like it will continue to grow.  When I decided to go out on my own, I looked for an industry that was as recession proof as possible.  If an average guy like me, well according to the lefties on this board I'm a moron, can flourish there is ample opportunity out there.  Most people sit around and wait for someone else to take care of them.  I saw the light 5 years ago and am always bewildered that others don't see it.  That and that it took me so long to figure out the key to affluence and freedom, since it's so painfully simple.

making tin foil hats is not a really called success.

      

[SteveBailey]

making tin foil hats is not a really called success.

      

I'll make a quarter of a million this year.  Last year I only made a smidge over 100k.  For me, that's success. For others, not so much I suppose.
I'm the one calling the shots though, and that peace of mind is worth tons.

[Kaw1000]

Congrats on your Success Steve...just remmber nothing stays the same...a bad economy will hurt lots of folks..that will then
hurt your business...I hope not. keep up the good work!

[SteveBailey]

Congrats on your Success Steve...just remmber nothing stays the same...a bad economy will hurt lots of folks..that will then
hurt your business...I hope not. keep up the good work!

Thanks, I am not happy the economy is bad and people are losing their jobs.  My point is that there is plenty of opportunities out there for those who don't need someone(read employer) to take care of them; people that are willing to go get it themselves.

[FrodeMk3]

Thanks, I am not happy the economy is bad and people are losing their jobs.  My point is that there is plenty of opportunities out there for those who don't need someone(read employer) to take care of them; people that are willing to go get it themselves.

Hmmm...I'd ask you what you're into, Steve, but leaking the word about something that is successful right now might create a rush of competition. I'll just assume you used some great business sense, and found a niche of the economy that is a steady money-maker.