Comments on: Economy Solutions http://lifeontheroad.com/2007/11/12/economy-solutions/391.html Discussion and opinions about the trucking industry Wed, 08 Oct 2008 02:39:03 +0000 http://wordpress.org/?v=2.6.2 By: how to start a small business http://lifeontheroad.com/2007/11/12/economy-solutions/391.html#comment-1935 how to start a small business Thu, 15 May 2008 14:53:32 +0000 http://lifeontheroad.com/2007/11/12/economy-solutions/391.html#comment-1935 all of the oil gonna have to change to hybrid?? i just bought my new truck for my farm and i dont think this will help me at all. for the sake of oil for another 50 years please... all of the oil gonna have to change to hybrid?? i just bought my new truck for my farm and i dont think this will help me at all. for the sake of oil for another 50 years please…

]]> By: Everitt Mickey http://lifeontheroad.com/2007/11/12/economy-solutions/391.html#comment-554 Everitt Mickey Mon, 19 Nov 2007 04:14:55 +0000 http://lifeontheroad.com/2007/11/12/economy-solutions/391.html#comment-554 This guy seems to have a different view of the trade deficet. http://www.cato.org/testimony/ct-dg061198.html One other thing. The TD is computed strangely. A whole bunch of things that we SELL overseas...like movies....are not counted. Neither is the education that we sell to the rest of the world. Ever notice how many foreigners are in our engineering colleges? Isn't an education worth something? The perceived TD is thus skewed. The US is becoming post industrial. Lots of jobs that we have today didn't exist ten years ago....and STILL don't exist anywhere else. I...for one....am not worried. This guy seems to have a different view of the trade deficet.

http://www.cato.org/testimony/ct-dg061198.html

One other thing. The TD is computed strangely. A whole bunch of things that we SELL overseas…like movies….are not counted. Neither is the education that we sell to the rest of the world. Ever notice how many foreigners are in our engineering colleges? Isn’t an education worth something? The perceived TD is thus skewed. The US is becoming post industrial. Lots of jobs that we have today didn’t exist ten years ago….and STILL don’t exist anywhere else.

I…for one….am not worried.

]]> By: Wayne Weisser http://lifeontheroad.com/2007/11/12/economy-solutions/391.html#comment-546 Wayne Weisser Sun, 18 Nov 2007 05:32:08 +0000 http://lifeontheroad.com/2007/11/12/economy-solutions/391.html#comment-546 I don't think we need an exact trade balance with everyone, but the main point was that the trade imbalance is so huge we are hurting ourselves and now we can't fix it no matter what we do. We can't have an economy based on people buying stuff. After 9/11 GW said (paraphrasing) in order to keep the economy moving, we need to go the mall and buy stuff. What kind of economy is that? What if something happens and we can't always buy a lot of stuff? And the stuff we're buying, is made by using slave labor. Making stuff in the US used to be a good job now we ship it overseas on trade agreements that only make the dictatorships richer and turn their people into slaves, but nobody wants to think about that, because we only care about how much crap we can buy for our soon to be worthless dollar. I don’t think we need an exact trade balance with everyone, but the main point was that the trade imbalance is so huge we are hurting ourselves and now we can’t fix it no matter what we do.

We can’t have an economy based on people buying stuff. After 9/11 GW said (paraphrasing) in order to keep the economy moving, we need to go the mall and buy stuff. What kind of economy is that? What if something happens and we can’t always buy a lot of stuff?

And the stuff we’re buying, is made by using slave labor. Making stuff in the US used to be a good job now we ship it overseas on trade agreements that only make the dictatorships richer and turn their people into slaves, but nobody wants to think about that, because we only care about how much crap we can buy for our soon to be worthless dollar.

]]> By: Everitt Mickey http://lifeontheroad.com/2007/11/12/economy-solutions/391.html#comment-542 Everitt Mickey Sun, 18 Nov 2007 03:24:00 +0000 http://lifeontheroad.com/2007/11/12/economy-solutions/391.html#comment-542 I started to read the article and didn't get very far. "the shift of wealth occuring right now via trade to the nations in Asia and the Middle East," Was as far as I got. Not even the third paragraph. Why? Because it shows a sore lack of understanding of economics. That excerpt indicates someone who is thinking "zero sum" ...wealth is NOT zero sum. For example. Years and years ago I was an electronic tech for SAC at Offut AFB near Omaha. We had a whole room...biiiig room....think basketball court size....full of Winchester 30/30 hard drives. They were called winchester because they had two 30 megabyte platters. Thirty-thirty. Let that sink in for a second. Each Drive was the size of a dishwasher. I don't know how much power the whole room took but it was a LOT...plus the special airconditioning required. I say that to say this. Today my wife "impulse bought" a 2 gigabyte Secure Digital Flash Memory "drive" for less than thirty dollars. Think about it. In 1970's terms she bought several MILLION dollars worth of random access computer memory for about what?....an hour...two hours...three? worth of work at Burger King? That's wealth creation. Wealth is NOT a zero sum game. So I didn't read the article. And I WANT a hybrid. I'd even settle for a Pete. I started to read the article and didn’t get very far.

“the shift of wealth occuring right now via trade to the nations in Asia and the Middle East,”

Was as far as I got. Not even the third paragraph.

Why? Because it shows a sore lack of understanding of economics. That excerpt indicates someone who is thinking “zero sum” …wealth is NOT zero sum.

For example.

Years and years ago I was an electronic tech for SAC at Offut AFB near Omaha. We had a whole room…biiiig room….think basketball court size….full of Winchester 30/30 hard drives. They were called winchester because they had two 30 megabyte platters. Thirty-thirty.

Let that sink in for a second. Each Drive was the size of a dishwasher. I don’t know how much power the whole room took but it was a LOT…plus the special airconditioning required.

I say that to say this. Today my wife “impulse bought” a 2 gigabyte Secure Digital Flash Memory “drive” for less than thirty dollars.

Think about it. In 1970’s terms she bought several MILLION dollars worth of random access computer memory for about what?….an hour…two hours…three? worth of work at Burger King?

That’s wealth creation. Wealth is NOT a zero sum game.

So I didn’t read the article.

And I WANT a hybrid. I’d even settle for a Pete.

]]> By: Life on the Road - Trucking News Blog » Striking for Rates http://lifeontheroad.com/2007/11/12/economy-solutions/391.html#comment-516 Life on the Road - Trucking News Blog » Striking for Rates Wed, 14 Nov 2007 04:53:06 +0000 http://lifeontheroad.com/2007/11/12/economy-solutions/391.html#comment-516 [...] If your house is in order you can do this and survive. But you have to know you’re not going to get the rates we got last year or even the year before. Tough times are coming if you haven’t already noticed. Fuel is only a piece of the puzzle. [...] [...] If your house is in order you can do this and survive. But you have to know you’re not going to get the rates we got last year or even the year before. Tough times are coming if you haven’t already noticed. Fuel is only a piece of the puzzle. [...]

]]> By: Tim http://lifeontheroad.com/2007/11/12/economy-solutions/391.html#comment-507 Tim Mon, 12 Nov 2007 22:42:52 +0000 http://lifeontheroad.com/2007/11/12/economy-solutions/391.html#comment-507 I needed gas as I went to work this morning and I had left my debit card at home. I had my lunch money so I thought that I would put that in my car. I had $9.00 and got less than three gallons of gas. I am fed up with it! I need a raise just so I can afford to drive to work! I needed gas as I went to work this morning and I had left my debit card at home. I had my lunch money so I thought that I would put that in my car. I had $9.00 and got less than three gallons of gas. I am fed up with it! I need a raise just so I can afford to drive to work!

]]> By: Michael Erb http://lifeontheroad.com/2007/11/12/economy-solutions/391.html#comment-505 Michael Erb Mon, 12 Nov 2007 21:50:54 +0000 http://lifeontheroad.com/2007/11/12/economy-solutions/391.html#comment-505 Yes, Hybrids need oil, but coming out of Denton, Tx last month, I got behind a lowboy hauling what I thought may have been a wrecked bobtail. When he passed me, it was a green Pete 386. As he passed by me, I saw the word Hybrid in white letters on the back of the sleeper. We started talking about the truck. He told me the Pete engineers were there when he loaded it, taking pictures like a mother sending her baby off to their first day of school. He told me the MPG was 17 with 30,000lbs of freight in the trunk. He told me he was no expert, but those were the numbers they gave him. 150 gallons of fuel each side, tells me that truck can run give or take 5000 miles between fill-ups, depending on the weight. Yeah, it needs oil....... BUT NOT MUCH! Yes, Hybrids need oil, but coming out of Denton, Tx last month, I got behind a lowboy hauling what I thought may have been a wrecked bobtail. When he passed me, it was a green Pete 386. As he passed by me, I saw the word Hybrid in white letters on the back of the sleeper. We started talking about the truck. He told me the Pete engineers were there when he loaded it, taking pictures like a mother sending her baby off to their first day of school. He told me the MPG was 17 with 30,000lbs
of freight in the trunk. He told me he was no expert, but those were the numbers they gave him. 150 gallons of fuel each side, tells me that truck can run give or take 5000 miles between fill-ups, depending on the weight. Yeah, it needs oil……. BUT NOT MUCH!

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