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Demsrule86

(71,552 posts)

58. I live in Ohio...and have been involved with autos as a big three wife for years....

Wed Mar 29, 2017, 05:43 PM

Mar 2017

And there is no doubt the rich screwed us with trade. And it hurt the country everywhere, but particularly in the rust belt...But I tried to tell my neighbors trade is complicated and yes we need to encourage manufacturing of say green stuff and other things here, but the idea that ending NAFTA will sold our problems is not true. Hillary had a manufacturing plan to encourage this in our country...pretty sure Bernie did too...and that is what we need to do...figure out how and to bring if not the old jobs back then new jobs...the money has always been in manufacturing...and now we have Hyundai and Kia in the south; they are literally killing people with unsafe plants and paying low wages too...

http://www.thedailybeast.com/articles/2017/01/03/bride-to-be-crushed-to-death-by-car-factory-robot.html

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Just wanted to post this.I have a been an auto workers wife for years. We are headed for recession. [View all] Demsrule86 Mar 2017 OP

Decline may be limited to autos Cicada Mar 2017 #1

No, autos saved us from the great recession. Demsrule86 Mar 2017 #2

The first positive sign of recovery was when Obama did the 'clunkers' exchange... Demsrule86 Mar 2017 #4

Do not forget the trigger of the Great Recession... Moostache Mar 2017 #7

You are exactly right...there will be something... Demsrule86 Mar 2017 #33

Look to recent gas riots in Mexico. They don't make enough to pay notdarkyet Mar 2017 #36

Mexican workers for my hubs new job...are paid very little. Demsrule86 Mar 2017 #76

And rolling back environmental regs. in order to pump up oil is the beginning. nikibatts Mar 2017 #55

They will play games with the pricing and it will do just what it did last time... Demsrule86 Mar 2017 #77

Thank you for your post, Cicada. I follow the market closely. I Alice11111 Mar 2017 #9

We don't have much debt thankfully. Demsrule86 Mar 2017 #34

But many companies do, and individuals, and they Alice11111 Mar 2017 #87

We feel the same as you, Wife and I pulled our IRAs out of mutuals a couple of weeks ago Canoe52 Mar 2017 #92

Yes, i would rathet not lose than miss the chance to gain Alice11111 Mar 2017 #99

That is unlikely. The car is the major purchase most likely to be deferred Warpy Mar 2017 #40

That is true... Demsrule86 Mar 2017 #52

My heart goes out to your son. nocalflea Mar 2017 #3

Well he admitted if he doesn't get a transfer, Demsrule86 Mar 2017 #5

When I see "4000 laid off " I think nocalflea Mar 2017 #11

There are 8000 laid off now at Gm.. Demsrule86 Mar 2017 #39

4000 laid off recently? That speaks loudly. Alice11111 Mar 2017 #12

Lordstown went down a shift in February... Demsrule86 Mar 2017 #41

One plant having layoffs does not represent the entire industry MichMan Mar 2017 #84

I spoke of the plant in Ohio but there have been layoffs in other plants as well... Demsrule86 Mar 2017 #86

Sales are still strong compared to previous years MichMan Mar 2017 #88

I spoke of one plant...but there are others Demsrule86 Mar 2017 #89

Thank you for your kind words. He called me sobbing. Demsrule86 Mar 2017 #56

The Used Car Market Crashed last week. Wellstone ruled Mar 2017 #6

I think the impact of UBER and LYFT is far greater than the auto industry... MANative Mar 2017 #8

We have neighbors who have family acconts with Uber. Wellstone ruled Mar 2017 #13

IMO Uber is marketing to the wrong people crazycatlady Mar 2017 #27

Same for us, Wellstone ruled Mar 2017 #35

yes but --Uber is convenient and cheaper than Taxi Le Gaucher Mar 2017 #37

That is a significant savings, however rusty fender Mar 2017 #90

I think they don't buy cars because they can't afford cars. Demsrule86 Mar 2017 #78

You're not wrong in that. n/t MANative Mar 2017 #94

Yeah...it is going to get rough I fear... Demsrule86 Mar 2017 #42

I heard that...which means decent late model cars will be cheap so Demsrule86 Mar 2017 #53

Going to get ugly real quick in the Iron Business. Wellstone ruled Mar 2017 #63

The first job my husband got w after retirement was a steel job but steel went Demsrule86 Mar 2017 #79

You have THE Largest in the nation? Really? How do you come to that conclusion? A HERETIC I AM Mar 2017 #82

A lot of cars coming off lease now MichMan Mar 2017 #85

Again it is the less Wellstone ruled Mar 2017 #95

Baltic Dry Index supports what you are saying as well. Pharlo Mar 2017 #10

It has been about ten years...we can expect this Demsrule86 Mar 2017 #43

Here comes another Bush (Trump) depression for the working class workinclasszero Mar 2017 #14

republicans always create recessions and depressions Achilleaze Mar 2017 #15

The looters will be out in force...Trump's election gave them their chance. Demsrule86 Mar 2017 #44

They are back in business under Trump fleecing Main Street. Demsrule86 Mar 2017 #54

As day follows night, recessions follow when repugs are in the White House. Undisputable history. brush Mar 2017 #16

And then we have to bail them out... Demsrule86 Mar 2017 #45

We really have to stop this cycle...or we are going to have a real depression. Demsrule86 Mar 2017 #57

Repub formula of lowering taxes on wealthy to cut govt programs just does not work wishstar Mar 2017 #17

Gas went from $2.00 per gallon to $2.40 per gallon yesterday. Demsrule86 Mar 2017 #46

i see a wall steet crash coming. ekonomi theory based on beliefs, not pansypoo53219 Mar 2017 #18

I think so too. Demsrule86 Mar 2017 #47

It's coming. silverweb Mar 2017 #19

And if NAFTA gets scrapped or a border tax gets imposed it will get worse TexasBushwhacker Mar 2017 #23

I live in Ohio...and have been involved with autos as a big three wife for years.... Demsrule86 Mar 2017 #58

Agreed. silverweb Mar 2017 #74

We really have to clean house...or it will get really bad. Demsrule86 Mar 2017 #75

I heard on NPR that 80% of jobs lost during the post NAFTA period TexasBushwhacker Mar 2017 #108

Yup. silverweb Mar 2017 #72

Exactly right...there are still many jobs in autos or associated with autos. Demsrule86 Mar 2017 #48

I hope they weather this well. silverweb Mar 2017 #71

Thanks best wishes to you also...I feel bad for my kids...now Demsrule86 Mar 2017 #80

Yes, it is frightening. silverweb Mar 2017 #96

Same thing in the construction/architecture industry... Javaman Mar 2017 #20

I am just so over this shit...caused Demsrule86 Mar 2017 #49

Housing will be down...very worried. Demsrule86 Mar 2017 #59

I hope you work through this one, too. silverweb Mar 2017 #73

Trump Slump coming. Tourism industry was the bleeding edge. Takes time to ripple through economy. Bernardo de La Paz Mar 2017 #21

I own a tourist business in the Smokies mtngirl47 Mar 2017 #26

I know how you feel... Demsrule86 Mar 2017 #60

Tourism...is where people rent cars ... Demsrule86 Mar 2017 #50

Don't let the Dow fool you elmac Mar 2017 #22

Just from a cyclical standpoint, we are due for a correction TexasBushwhacker Mar 2017 #24

Wall Street is gamblers club and it's success does not do much Demsrule86 Mar 2017 #61

Yes, the travel industry will s taking it on the chin! Thekaspervote Mar 2017 #25

foreign travel to the US is down dramatically crazycatlady Mar 2017 #30

It didn't have to be this way... Demsrule86 Mar 2017 #62

The other industry to watch is the airlines. The Velveteen Ocelot Mar 2017 #28

Someone just posted about Alegiant ...they are cheaper than some and usually Demsrule86 Mar 2017 #64

Yikes underpants Mar 2017 #29

My brother follows financial MFM008 Mar 2017 #31

I hope I am wrong and your brother too...but I think that is accurate... Demsrule86 Mar 2017 #65

That bad? Dawson Leery Mar 2017 #98

Mexico Autos Output Soars as Trump Administration Settles In mahatmakanejeeves Mar 2017 #32

That is a real sore subject... Demsrule86 Mar 2017 #66

I work Tier II Jimbo S Mar 2017 #38

My son is tier II also... Demsrule86 Mar 2017 #67

The economic figure to follow is the "velocity of money". roamer65 Mar 2017 #51

I always thought if we had true recovery from 08, we would have some Demsrule86 Mar 2017 #68

There is still inflation. roamer65 Mar 2017 #93

There is no inflation? Then how come my rent and groceries keep going up? raccoon Mar 2017 #103

We have been in a deflationary cycle since 2008 and part of 2007. Demsrule86 Mar 2017 #104

Box Industry is often a tell tale sign.... Xolodno Mar 2017 #69

I hope you are right. Demsrule86 Mar 2017 #70

Are you sure it's not just saturation? Calculating Mar 2017 #81

Let me guess this will be the Obama Recession samplegirl Mar 2017 #83

Well damn. Thanks for the heads-up, and good luck to your son. Hekate Mar 2017 #91

Besides the auto industry retail stores have been dropping like flies doc03 Mar 2017 #97

You can feel it in the air. A correction is coming, and probably a recession. Oneironaut Mar 2017 #100

'recession with the GOP in charge' elleng Mar 2017 #101

Trump is the worst of the lot...thus it is terrifying. Demsrule86 Mar 2017 #105

UTTERLY terrifying. elleng Mar 2017 #106

Thank you for telling us, Demsrule! Cha Mar 2017 #102

If that's true, then I feel bad for Syria and North Korea Orrex Mar 2017 #107

K & R malaise Apr 2017 #109