more economic news that concerns us all... - PowerStrokeNation : Ford Powerstroke Diesel Forum
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post #1 of 70 (permalink) Old 11-24-2010, 07:46 PM Thread Starter
Junior Mint
 
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more economic news that concerns us all...

U.S. Corporate Profits Hit Record in Third Quarter - NYTimes.com

"American businesses earned profits at an annual rate of $1.659 trillion in the third quarter, according to a Commerce Department report released Tuesday. That is the highest figure recorded since the government began keeping track over 60 years ago...Since their cyclical low in the fourth quarter of 2008, profits have grown for seven consecutive quarters, at some of the fastest rates in history"

Ultimately it means that jobs, being a lagging indicator or the economy, will follow.

Also, as I've been saying for a few months now the trucking industry is really rebounding although a bit slower here in TX than elsewhere I'm told.

I'm officially...Stroke-less.
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post #2 of 70 (permalink) Old 11-24-2010, 07:52 PM
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Re: more economic news that concerns us all...

All it is going to take is for business owners to feel confident that the government isn't going to screw them out of those profits and they might hire some people. Confidence is the biggest factor which business owners have little of right now with this administration.

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post #3 of 70 (permalink) Old 11-24-2010, 07:54 PM
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Re: more economic news that concerns us all...

I suspect profits were highest with the companies that have operations in other countries.

If only those who knew what they were talking about replied, this thread would still be on page one.
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post #4 of 70 (permalink) Old 11-24-2010, 07:56 PM
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Re: more economic news that concerns us all...

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I suspect profits were highest with the companies that have operations in other countries.
Correct

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post #5 of 70 (permalink) Old 11-24-2010, 08:06 PM
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Re: more economic news that concerns us all...

I just hired 3 new people, how do you think the govt will reward me for helping out?

Did I say reward? I meant penalize........
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post #6 of 70 (permalink) Old 11-24-2010, 08:07 PM
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Re: more economic news that concerns us all...

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I just hired 3 new people, how do you think the govt will reward me for helping out?
Tell me how Obamacare works out for you bro.

T Alford one of them?





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post #7 of 70 (permalink) Old 11-24-2010, 08:13 PM
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Re: more economic news that concerns us all...

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I just hired 3 new people, how do you think the govt will reward me for helping out?
Do you expect to profit from this, you greedy bastard.

If only those who knew what they were talking about replied, this thread would still be on page one.
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post #8 of 70 (permalink) Old 11-24-2010, 08:13 PM
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Re: more economic news that concerns us all...

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Tell me how Obamacare works out for you bro.

T Alford one of them?
I cant wait to see how that sh!t sandwich tastes.......

T Alford is the next hire when the new site launches.
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post #9 of 70 (permalink) Old 11-24-2010, 08:14 PM
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Re: more economic news that concerns us all...

Do you expect to profit from those this, you greedy bastard.[/QUOTE]


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post #10 of 70 (permalink) Old 11-24-2010, 08:17 PM
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Re: more economic news that concerns us all...

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Originally Posted by DSTRBD View Post
I just hired 3 new people, how do you think the govt will reward me for helping out?

Did I say reward? I meant penalize........
Sounds like the economy is finally picking up..............after Bush ran it into the ground.







.

Never have so many politicians, screwed so many Americans...just to make one black person lose his job.
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