Not saying I support either the war or Pres. Bush, but if I remember correctly, war spending is a stimulus to the economy. In fact, I distinctly remember learning that WWII greatly helped us leap out of the great depression. http://en.wikipedia.org/wiki/Great_D...t_and_recovery
I can only imagine how bad things would be right now if we WEREN'T spending millions a day on Iraq.
Again, not a justification for war, obviously. Just an economic comment.
Maybe that money is better spent fixing bridges, levees, highways, better fund the NIH, NSF and other non-destructive things.
Not saying I support either the war or Pres. Bush, but if I remember correctly, war spending is a stimulus to the economy. In fact, I distinctly remember learning that WWII greatly helped us leap out of the great depression. http://en.wikipedia.org/wiki/Great_D...t_and_recovery
I can only imagine how bad things would be right now if we WEREN'T spending millions a day on Iraq.
Again, not a justification for war, obviously. Just an economic comment.
-Clive
The difference is where the money is going. In WWII, the money was going to fight a real, hot war. Union laborers were paid to make planes, tanks, guns, bombs and bullets to defeat the Nazi and Japanese menace. They also had the Truman Commission to monitor that the spending was done responsibly and punished war profiteers. (With a Democratic President and a Democratic Congress, Harry Truman still found the need to investigate and make sure nothing dirty was going on.)
Now, we won the fighting war by May 2003, and the rest has been an occupation. Billions of dollars has going missing. Literally palettes of cash were tossed about with absolutely no accounting. Incompetence and fraud has marked much of the spending in postwar Iraq. Another difference between Iraq and WWII is the privatization of many jobs that once were strictly done by the US military. Now, you've got Blackwater, Halliburton, CACI, Titan, Parsons, Bechtel, etc. draining the US Treasury with absolutely no accountability. Even with a Republican President and Republican Congress, there was no analog to the Truman Commission to make sure the money was spent wisely.
So, Clive, war spending, per se, won't cure a Depression -- spending the money to create working class jobs can solve their problems, but stealing the money and funneling it to secretive rich corporations and the shadowy figures behind them just makes our economy worse and worse.
Not saying I support either the war or Pres. Bush, but if I remember correctly, war spending is a stimulus to the economy. In fact, I distinctly remember learning that WWII greatly helped us leap out of the great depression. http://en.wikipedia.org/wiki/Great_D...t_and_recovery
I can only imagine how bad things would be right now if we WEREN'T spending millions a day on Iraq.
Again, not a justification for war, obviously. Just an economic comment.
-Clive
War spending is NOT a stimulus when the money goes outside the US as is happening now. The US sent billions in cash -- shrink-wrapped stacks of Benjamins -- to Iraq to buy good will from Iraqi officials. Google "cash to Iraq" for more. This war is not consuming armaments and supplies made in the US. It is simply consuming money being paid to foreign entities to keep our troops in Iraq and Afghanistan.
Also, retail is NOT doing OK in the US. Check the stock prices of JCP, KSS, M TGT, etc. to see the carnage. Best Buy is about the only retailer doing OK and they will see a slow-down now that we're out of the holiday season.
If you want to blame Buch, blame him for trying to bail out the losers who should be losing their homes to foreclosure. After all, if anybody's going to steal your money and redistribute your wealth, sholdn't be a Democrat?
Actually, Bush is trying to bail out the parasites who cooked up the subprime mortgage schemes, and doesn't really care about the fools who got tricked into these disastrous loans. Sure, they were stupid, but I heard financial professionals say that the way these loan terms are written, they have a very hard time understanding them, so how is an ordinary schmuck supposed to make an informed choice?
All in all, the results of the way Democrats "steal your money" have been far better than what has occurred to us under Republican thievery.
Wow, Dave, I was wrong about you. Apparently a functionally retarded person can write complete sentences from time to time. They may be 90% bullshit, but at least they're somewhat coherent. Congratulations!
If you want to disagree with my politics, fine, but it's really low of you to make fun of my handicap. We prefer the term "mentally differently abled." Thanks.
I predict hard times for a while, but if we can survive, America can come out better than ever.
I can't wait to see how the Limbaughs, Hannitys, Savages, Coulters and the rest of those scumbags handle an Obama Presidency with a Hillary Clinton Cheney-esque Vice Presidency. He'll run the nice government and she'll quietly run the shadow government that sticks it to the Enemies of the State! MWAHAHAHAHAHA!
Hillary sat on the Board of Directors for Walmart for 6 years, made thousands of $$$ for it, and amassed over 100,000 shares of Walmart stock. This is the same Walmart that has been sued and boycotted countless times for mistreatment of workers. The same Walmart most folks believe destroyed small town American business. The Walmart that brings in boatloads of crap from China rather than buy from a USA-based manufacturing company.
Hillary, as a member (and later Partner) of the Rose Law firm, went to trial to defend a corporate client that was being sued by a guy who wanted compensation for finding the hind-quarters of a rat in his can of beans & franks. The firm also defended Tyson against multiple eco-damage lawsuits, although Governor Bill gave Tyson every legal break he could think of. (President Bill also handed out 148 pardons, including many to white-collar criminal cronies, on his last day in office.)
Hillary, as First Lady, ignored a federal investigation's orders to turn over papers concerning the shady business dealings the Clintons were involved in, claiming for months she couldn't find them in the White House, but a cleaning lady discovered them in plain sight on a desk in her White House library.
Hillary, as the head of Bill's White House efforts to develop a comprehensive Universal Health Care program, ran a staff of over 450 government workers for nearly two years at taxpayer expense, and accomplished absolutely not one damn thing. Meanwhile, Bill got us into war in Bosnia, bombed Chinese embassies and Red Cross offices, pharmaceutical factories, and killed civilians riding in passenger trains. Want to know how fast Hillary will get us out of Iraq? Just as quickly as we got out of Bosnia (in case you missed it, our troops are still there-10 years and counting.)
Clinton also got our own troops killed and disgraced in Somalia, which still is run by terrorists, armed militias and thugs to this day. He slashed funding to the US military and reduced troop levels to unprecedented levels since WWII in order to pay for social programs, then left a semi-disabled military to defend America following 9/11. And he failed to find, catch and kill Osama bin Ladin, and allowed terrorists to twice bomb the World Trade Center and numerous US military installations and ships. He sent troops to Haiti, and yet it's still as corrupt as ever.
And you think we should let these people back into the White House to ruin the country some more? And that somehow all the working class people will be better off with Hillary calling the shots?
John Edwards is completely right... the Clintons are closet Republicans, and are the most misrepresented fans of big business-favoring government ever. You think Bush and his buddies are bad? How did you manage to miss eight years of American history before him? Good grief, they were responsible for people being killed to maintain control of intelligence about their personal business dealings. They're the Arkansas Mafia. Get your head out of a campaign ad and wake up, fer gawd's sake.
If Obama gets to be President, he better pray Hillary isn't the VP, or he'll end up being a lot more like JFK than he ever wanted to.
P.S. Hillary owns a lot of AT&T, so I don't think we have anything to worry about with the iPhone orders totally falling off. She won't let them.
P.S.S. Then again, Hillary hates Al Gore, and he's an Apple guy, so maybe they better keep looking over their shoulders... Al's so afraid of Hillary that he wouldn't run against her for Prez this year, even though he's got 8 years experience as VP, lots more years in the Senate than her, has both an Oscar and a Nobel Peace Prize, and is a Vietnam veteran. Oh yeah, and he invented that internet thing.
Don't tell me that the problem came overnight? At least almost every retail business met or exceeded expectation in 2007. People did not wake up in Nov. 07 and realize that they can't make mortgage payments anymore! The financial sector probably couldn't cover it up anymore and had it coming.
Of course it did not come overnight. This has been happening for a while. Like with everything it has now reached a boiling point. You don't think congress is trying to pass a package giving back over 160 billion dollars because they think the economy is doing well....
The economy has been screwed for a while the only think keeping it above water was people were still spending, they can no longer afford to spend.
Gas is over 3.00 a gallon, inflation is up, jobs are down, energy costs are up and the stock market is almost at a bare market. It would be next to impossible for Apple or anyone not to have blacklash at some point.
If you need the money next week, you are SOL, but if you can hang in there for a few months or years, you'll probably do real well.
I bought my first AAPL in '97 and I just bought some more Monday at $134. I've been through many ups and downs with the company, but I've always held onto it (except that 5% I once sold for cash to pay for an emergency home repair).
Very few of the big moves, either up or down, have been based on logic, but the overall trend, a steady rise, has been occurring because Apple is doing its business better and better all the time.
So, in the big scheme of things, which way do you think Apple is going in the future? As far as I'm concerned, it's mostly positive in the long run.
MOST Americans are doing just fine. The market you are seeing is a direct result of an over zealous FED and a predatory financial sector that should have been left to go bankrupt. Instead, the FED pumps in cash, devaluing our dollar, and the Financial sector starts coughing and wheezing ANYWAY, causing all your day traders and short-timers to start panicking because they never knew what the fuck they were doing in the first place.
Next thing you know, the dow is down 500 pojnts in 2 months.
But no, Join up with Fucntionally Retarded up there and blame it on Bush/Cheney.
If you want to blame Buch, blame him for trying to bail out the losers who should be losing their homes to foreclosure. After all, if anybody's going to steal your money and redistribute your wealth, sholdn't be a Democrat?
It has alot more to do they just the fed, however I will agree they are making things worse. I am as conservative as they get but we can also blame bush for pumping almost 2 trillion into a war they appears to have no end. We can blame the government for alot.
And by the way while I am doing just fine many Americans are not.
Maybe that money is better spent fixing bridges, levees, highways, better fund the NIH, NSF and other non-destructive things.
Definitely not arguing that. As a Minneapolis local in a "post-bridge-collapse-Minnesota" you don't need to convince me that infrastructure is an important investment.
Quote:
Originally Posted by macFanDave
So, Clive, war spending, per se, won't cure a Depression -- spending the money to create working class jobs can solve their problems, but stealing the money and funneling it to secretive rich corporations and the shadowy figures behind them just makes our economy worse and worse.
And I'm not arguing here either. But it's certainly not that internal expenditures have stopped altogether.
Quote:
Originally Posted by faxthat
It is simply consuming money being paid to foreign entities to keep our troops in Iraq and Afghanistan.
Which, again, I am not defending. If we're going to be spending money on Iraq, we should either be spending it on securing the country or on transportation home. Since Saddam's regime was scattered and Mr. Hussein was captured, this war has been managed miserably. Even if Bush wasn't intending on leaving, it shouldn't have taken this long to secure a country the size of Montana... what've they been doing over there?
So anyway, how about those Macs? (Subject change anyone?)
Actually, Bush is trying to bail out the parasites who cooked up the subprime mortgage schemes, and doesn't really care about the fools who got tricked into these disastrous loans. Sure, they were stupid, but I heard financial professionals say that the way these loan terms are written, they have a very hard time understanding them, so how is an ordinary schmuck supposed to make an informed choice?
All in all, the results of the way Democrats "steal your money" have been far better than what has occurred to us under Republican thievery.
I'm not interested in your punditry Dave, nor your political opinions, which are by no means facts. You don't sign what you don't read, and you don't sign what you don't understand. I am pretty sick to death and tired of people like you making excuses for the stupids by blaming the goddam President or some big bad EVIL CORPORATION.
Responsibility begins with the self, and until it begins, you are a willing victim, and you deserve what you get.
Of course it did not come overnight. This has been happening for a while. Like with everything it has now reached a boiling point. You don't think congress is trying to pass a package giving back over 160 billion dollars because they think the economy is doing well....
The economy has been screwed for a while the only think keeping it above water was people were still spending, they can no longer afford to spend.
Gas is over 3.00 a gallon, inflation is up, jobs are down, energy costs are up and the stock market is almost at a bare market. It would be next to impossible for Apple or anyone not to have blacklash at some point.
Please.... Congress try to make people feel better after what just happened so they keep spending money, people never stopped spending money anyway.
Gas at 3.00 for more than 4 years and energy as well. Nothing much changed in the last 4 years. The problem with jobs is that many americans refuse to work in jobs used to be filled by illegal immigrants. Work is there for people who want to work. The stock market was the result a panic not an economic issues.
Expect better than last year figures from retailers this year.
It's The-Rest-Of-The-World here. Y'know us foreigners who make up half of your market & who's dollars are stronger than ever. We all want to look after our own first but Apple's US-centricity is choking itself.
Get the iPhones & full iTunes services out there and stop dipping toes. Not that it'll solve any financial issues but AppleTV could still be the first HiDef set top box in NZ!
The funny thing is that Retail is still doing pretty well, and manufacturing is BOOMING.
Unfortunately, if one sector panics, everybody snatches their cash back and freezes, waiting for it to be over.
The problem that you aren't taking into account is that all the manufacturing you're referencing is out of country. We are losing jobs faster than we are replacing them, that is an economic disaster in the making.
Comments
Not saying I support either the war or Pres. Bush, but if I remember correctly, war spending is a stimulus to the economy. In fact, I distinctly remember learning that WWII greatly helped us leap out of the great depression. http://en.wikipedia.org/wiki/Great_D...t_and_recovery
I can only imagine how bad things would be right now if we WEREN'T spending millions a day on Iraq.
Again, not a justification for war, obviously. Just an economic comment.
Maybe that money is better spent fixing bridges, levees, highways, better fund the NIH, NSF and other non-destructive things.
Not saying I support either the war or Pres. Bush, but if I remember correctly, war spending is a stimulus to the economy. In fact, I distinctly remember learning that WWII greatly helped us leap out of the great depression. http://en.wikipedia.org/wiki/Great_D...t_and_recovery
I can only imagine how bad things would be right now if we WEREN'T spending millions a day on Iraq.
Again, not a justification for war, obviously. Just an economic comment.
-Clive
The difference is where the money is going. In WWII, the money was going to fight a real, hot war. Union laborers were paid to make planes, tanks, guns, bombs and bullets to defeat the Nazi and Japanese menace. They also had the Truman Commission to monitor that the spending was done responsibly and punished war profiteers. (With a Democratic President and a Democratic Congress, Harry Truman still found the need to investigate and make sure nothing dirty was going on.)
Now, we won the fighting war by May 2003, and the rest has been an occupation. Billions of dollars has going missing. Literally palettes of cash were tossed about with absolutely no accounting. Incompetence and fraud has marked much of the spending in postwar Iraq. Another difference between Iraq and WWII is the privatization of many jobs that once were strictly done by the US military. Now, you've got Blackwater, Halliburton, CACI, Titan, Parsons, Bechtel, etc. draining the US Treasury with absolutely no accountability. Even with a Republican President and Republican Congress, there was no analog to the Truman Commission to make sure the money was spent wisely.
So, Clive, war spending, per se, won't cure a Depression -- spending the money to create working class jobs can solve their problems, but stealing the money and funneling it to secretive rich corporations and the shadowy figures behind them just makes our economy worse and worse.
Not saying I support either the war or Pres. Bush, but if I remember correctly, war spending is a stimulus to the economy. In fact, I distinctly remember learning that WWII greatly helped us leap out of the great depression. http://en.wikipedia.org/wiki/Great_D...t_and_recovery
I can only imagine how bad things would be right now if we WEREN'T spending millions a day on Iraq.
Again, not a justification for war, obviously. Just an economic comment.
-Clive
War spending is NOT a stimulus when the money goes outside the US as is happening now. The US sent billions in cash -- shrink-wrapped stacks of Benjamins -- to Iraq to buy good will from Iraqi officials. Google "cash to Iraq" for more. This war is not consuming armaments and supplies made in the US. It is simply consuming money being paid to foreign entities to keep our troops in Iraq and Afghanistan.
Also, retail is NOT doing OK in the US. Check the stock prices of JCP, KSS, M TGT, etc. to see the carnage. Best Buy is about the only retailer doing OK and they will see a slow-down now that we're out of the holiday season.
If you want to blame Buch, blame him for trying to bail out the losers who should be losing their homes to foreclosure. After all, if anybody's going to steal your money and redistribute your wealth, sholdn't be a Democrat?
Actually, Bush is trying to bail out the parasites who cooked up the subprime mortgage schemes, and doesn't really care about the fools who got tricked into these disastrous loans. Sure, they were stupid, but I heard financial professionals say that the way these loan terms are written, they have a very hard time understanding them, so how is an ordinary schmuck supposed to make an informed choice?
All in all, the results of the way Democrats "steal your money" have been far better than what has occurred to us under Republican thievery.
Wow, Dave, I was wrong about you. Apparently a functionally retarded person can write complete sentences from time to time. They may be 90% bullshit, but at least they're somewhat coherent. Congratulations!
If you want to disagree with my politics, fine, but it's really low of you to make fun of my handicap. We prefer the term "mentally differently abled." Thanks.
For bringing us both
I predict hard times for a while, but if we can survive, America can come out better than ever.
I can't wait to see how the Limbaughs, Hannitys, Savages, Coulters and the rest of those scumbags handle an Obama Presidency with a Hillary Clinton Cheney-esque Vice Presidency. He'll run the nice government and she'll quietly run the shadow government that sticks it to the Enemies of the State! MWAHAHAHAHAHA!
Hillary sat on the Board of Directors for Walmart for 6 years, made thousands of $$$ for it, and amassed over 100,000 shares of Walmart stock. This is the same Walmart that has been sued and boycotted countless times for mistreatment of workers. The same Walmart most folks believe destroyed small town American business. The Walmart that brings in boatloads of crap from China rather than buy from a USA-based manufacturing company.
Hillary, as a member (and later Partner) of the Rose Law firm, went to trial to defend a corporate client that was being sued by a guy who wanted compensation for finding the hind-quarters of a rat in his can of beans & franks. The firm also defended Tyson against multiple eco-damage lawsuits, although Governor Bill gave Tyson every legal break he could think of. (President Bill also handed out 148 pardons, including many to white-collar criminal cronies, on his last day in office.)
Hillary, as First Lady, ignored a federal investigation's orders to turn over papers concerning the shady business dealings the Clintons were involved in, claiming for months she couldn't find them in the White House, but a cleaning lady discovered them in plain sight on a desk in her White House library.
Hillary, as the head of Bill's White House efforts to develop a comprehensive Universal Health Care program, ran a staff of over 450 government workers for nearly two years at taxpayer expense, and accomplished absolutely not one damn thing. Meanwhile, Bill got us into war in Bosnia, bombed Chinese embassies and Red Cross offices, pharmaceutical factories, and killed civilians riding in passenger trains. Want to know how fast Hillary will get us out of Iraq? Just as quickly as we got out of Bosnia (in case you missed it, our troops are still there-10 years and counting.)
Clinton also got our own troops killed and disgraced in Somalia, which still is run by terrorists, armed militias and thugs to this day. He slashed funding to the US military and reduced troop levels to unprecedented levels since WWII in order to pay for social programs, then left a semi-disabled military to defend America following 9/11. And he failed to find, catch and kill Osama bin Ladin, and allowed terrorists to twice bomb the World Trade Center and numerous US military installations and ships. He sent troops to Haiti, and yet it's still as corrupt as ever.
And you think we should let these people back into the White House to ruin the country some more? And that somehow all the working class people will be better off with Hillary calling the shots?
John Edwards is completely right... the Clintons are closet Republicans, and are the most misrepresented fans of big business-favoring government ever. You think Bush and his buddies are bad? How did you manage to miss eight years of American history before him? Good grief, they were responsible for people being killed to maintain control of intelligence about their personal business dealings. They're the Arkansas Mafia. Get your head out of a campaign ad and wake up, fer gawd's sake.
If Obama gets to be President, he better pray Hillary isn't the VP, or he'll end up being a lot more like JFK than he ever wanted to.
P.S. Hillary owns a lot of AT&T, so I don't think we have anything to worry about with the iPhone orders totally falling off. She won't let them.
P.S.S. Then again, Hillary hates Al Gore, and he's an Apple guy, so maybe they better keep looking over their shoulders... Al's so afraid of Hillary that he wouldn't run against her for Prez this year, even though he's got 8 years experience as VP, lots more years in the Senate than her, has both an Oscar and a Nobel Peace Prize, and is a Vietnam veteran. Oh yeah, and he invented that internet thing.
Don't tell me that the problem came overnight? At least almost every retail business met or exceeded expectation in 2007. People did not wake up in Nov. 07 and realize that they can't make mortgage payments anymore! The financial sector probably couldn't cover it up anymore and had it coming.
Of course it did not come overnight. This has been happening for a while. Like with everything it has now reached a boiling point. You don't think congress is trying to pass a package giving back over 160 billion dollars because they think the economy is doing well....
The economy has been screwed for a while the only think keeping it above water was people were still spending, they can no longer afford to spend.
Gas is over 3.00 a gallon, inflation is up, jobs are down, energy costs are up and the stock market is almost at a bare market. It would be next to impossible for Apple or anyone not to have blacklash at some point.
I just bought at $131 too. Just my luck!
If you need the money next week, you are SOL, but if you can hang in there for a few months or years, you'll probably do real well.
I bought my first AAPL in '97 and I just bought some more Monday at $134. I've been through many ups and downs with the company, but I've always held onto it (except that 5% I once sold for cash to pay for an emergency home repair).
Very few of the big moves, either up or down, have been based on logic, but the overall trend, a steady rise, has been occurring because Apple is doing its business better and better all the time.
So, in the big scheme of things, which way do you think Apple is going in the future? As far as I'm concerned, it's mostly positive in the long run.
MOST Americans are doing just fine. The market you are seeing is a direct result of an over zealous FED and a predatory financial sector that should have been left to go bankrupt. Instead, the FED pumps in cash, devaluing our dollar, and the Financial sector starts coughing and wheezing ANYWAY, causing all your day traders and short-timers to start panicking because they never knew what the fuck they were doing in the first place.
Next thing you know, the dow is down 500 pojnts in 2 months.
But no, Join up with Fucntionally Retarded up there and blame it on Bush/Cheney.
If you want to blame Buch, blame him for trying to bail out the losers who should be losing their homes to foreclosure. After all, if anybody's going to steal your money and redistribute your wealth, sholdn't be a Democrat?
It has alot more to do they just the fed, however I will agree they are making things worse. I am as conservative as they get but we can also blame bush for pumping almost 2 trillion into a war they appears to have no end. We can blame the government for alot.
And by the way while I am doing just fine many Americans are not.
Hillary sat on the Board of Directors for Walmart for 6 years, blah, blah, blah.
It is you, sir, with the substance abuse problem.
Maybe that money is better spent fixing bridges, levees, highways, better fund the NIH, NSF and other non-destructive things.
Definitely not arguing that. As a Minneapolis local in a "post-bridge-collapse-Minnesota" you don't need to convince me that infrastructure is an important investment.
So, Clive, war spending, per se, won't cure a Depression -- spending the money to create working class jobs can solve their problems, but stealing the money and funneling it to secretive rich corporations and the shadowy figures behind them just makes our economy worse and worse.
And I'm not arguing here either. But it's certainly not that internal expenditures have stopped altogether.
It is simply consuming money being paid to foreign entities to keep our troops in Iraq and Afghanistan.
Which, again, I am not defending. If we're going to be spending money on Iraq, we should either be spending it on securing the country or on transportation home. Since Saddam's regime was scattered and Mr. Hussein was captured, this war has been managed miserably. Even if Bush wasn't intending on leaving, it shouldn't have taken this long to secure a country the size of Montana... what've they been doing over there?
So anyway, how about those Macs? (Subject change anyone?)
I might get a Mac Mini soon!
-Clive
It is you, sir, with the substance abuse problem.
yeah, I got a low tolerance for your particular brand of horseshit.
Actually, Bush is trying to bail out the parasites who cooked up the subprime mortgage schemes, and doesn't really care about the fools who got tricked into these disastrous loans. Sure, they were stupid, but I heard financial professionals say that the way these loan terms are written, they have a very hard time understanding them, so how is an ordinary schmuck supposed to make an informed choice?
All in all, the results of the way Democrats "steal your money" have been far better than what has occurred to us under Republican thievery.
I'm not interested in your punditry Dave, nor your political opinions, which are by no means facts. You don't sign what you don't read, and you don't sign what you don't understand. I am pretty sick to death and tired of people like you making excuses for the stupids by blaming the goddam President or some big bad EVIL CORPORATION.
Responsibility begins with the self, and until it begins, you are a willing victim, and you deserve what you get.
Then we'll fight about how you want to take my profits for carbon crdits or something...
MOST Americans are doing just fine.
Maybe for now. But last quarter's job growth was something like 12,000 jobs for the entire US.
There were jobs lost in January 08, when there were gains in the previous four years. A net 17,000 jobs lost in January.
http://www.marketwatch.com/News/Stor...B3F2DB3714A%7D
Of course it did not come overnight. This has been happening for a while. Like with everything it has now reached a boiling point. You don't think congress is trying to pass a package giving back over 160 billion dollars because they think the economy is doing well....
The economy has been screwed for a while the only think keeping it above water was people were still spending, they can no longer afford to spend.
Gas is over 3.00 a gallon, inflation is up, jobs are down, energy costs are up and the stock market is almost at a bare market. It would be next to impossible for Apple or anyone not to have blacklash at some point.
Please.... Congress try to make people feel better after what just happened so they keep spending money, people never stopped spending money anyway.
Gas at 3.00 for more than 4 years and energy as well. Nothing much changed in the last 4 years. The problem with jobs is that many americans refuse to work in jobs used to be filled by illegal immigrants. Work is there for people who want to work. The stock market was the result a panic not an economic issues.
Expect better than last year figures from retailers this year.
knock knock!
It's The-Rest-Of-The-World here. Y'know us foreigners who make up half of your market & who's dollars are stronger than ever. We all want to look after our own first but Apple's US-centricity is choking itself.
Get the iPhones & full iTunes services out there and stop dipping toes. Not that it'll solve any financial issues but AppleTV could still be the first HiDef set top box in NZ!
MS & Amazon have got it - where's Apple?
The funny thing is that Retail is still doing pretty well, and manufacturing is BOOMING.
Unfortunately, if one sector panics, everybody snatches their cash back and freezes, waiting for it to be over.
The problem that you aren't taking into account is that all the manufacturing you're referencing is out of country. We are losing jobs faster than we are replacing them, that is an economic disaster in the making.