FARK.com: (6726960) The U.S. trade deficit narrows to lowest point of year at $43.1 billion with record exports of American autos, heavy machinery, jobs

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		The U.S. trade deficit narrows to lowest point of year at $43.1 billion with record exports of American autos, heavy machinery, jobs (washingtonpost.com)		21
		More: Followup, trade deficits, U.S., Americans, machinery, unemployment aid, Capital Economics, auto parts, exports

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679 clicks; posted to Business » on 12 Nov 2011 at 8:45 AM | Favorite | share:

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21 Comments (+0 »)

jso2897

2011-11-12 09:00:41 AM

That's like saying that Linsay Lohan's alcohol and drug consumption is at a low point for the year.

ZAZ

2011-11-12 09:05:28 AM

So when are we going to make China float the Yuan?

Franco

2011-11-12 09:39:30 AM

Because we wiped out the middle class (by shipping the middle class jobs to china) who bought all the cheap Chinese crap. It truly is the snake that ate itself.

John Henry Eden

2011-11-12 10:34:13 AM

Thanks to a strong Euro. But when the euro gets scrapped the only thing left for the US (besides raising taxes and cutting spending lol) is to have the ChiComs loosen up the RMB. However, once China gets Italy's gold they will likely back the yuan by gold. At which point they'll be free to start dumping their dollars and then it's game over for the US dollar.

Begun, the Currency Wars have.

Nemo's Brother

2011-11-12 11:01:16 AM

Franco: Because we wiped out the middle class (by shipping the middle class jobs to china) who bought all the cheap Chinese crap. It truly is the snake that ate itself.

Yay Clinton!

impaler

2011-11-12 11:07:00 AM

The U.S. trade deficit narrowed to $43.1 billion in September, its lowest point of the year...
John Henry Eden: Thanks to a strong Euro

Yeah, the strong Euro is why the trade deficit was the lowest of the year in September.

research.stlouisfed.org

GriffXX

2011-11-12 11:15:36 AM

Franco: Because we wiped out the middle class (by shipping the middle class jobs to china) who bought all the cheap Chinese crap. It truly is the snake that ate itself.

Wait, assembly line jobs making plastic Pikachu are middle-class?

John Henry Eden

2011-11-12 11:22:21 AM

silly person: The U.S. trade deficit narrowed to $43.1 billion in September, its lowest point of the year...
John Henry Eden: Thanks to a strong Euro

Yeah, the strong Euro is why the trade deficit was the lowest of the year in September.

[research.stlouisfed.org image 630x378]

I agree

impaler

2011-11-12 11:25:52 AM

John Henry Eden: I agree

Then you're an idiot. Only January and February had a weaker Euro than September.

John Henry Eden

2011-11-12 11:58:21 AM

silly person: John Henry Eden: I agree

Then you're an idiot. Only January and February had a weaker Euro than September.

If you knew anything about currency trading you'd know that a 12% jump in a little over a year is a huge move.

Trance750

2011-11-12 12:50:59 PM

Nemo's Brother: Franco: Because we wiped out the middle class (by shipping the middle class jobs to china) who bought all the cheap Chinese crap. It truly is the snake that ate itself.

Yay Clinton!

Now Bill Clinton was one of the greatest Presidents since Lincoln, however I strongly disagreed with his policies on exporting jobs overseas

bsharitt

2011-11-12 02:27:10 PM

I was buying tools today and it's quite a pain to find stuff not made in China. I did find a tool box that was made in the US(surprisingly it was the cheap plastic one) and a Crescent wrench, but no luck finding a pair of locking pliers not made in China. Even Vise-grip brand are now made in China.

Goimir

2011-11-12 03:56:41 PM

bsharitt: I was buying tools today and it's quite a pain to find stuff not made in China. I did find a tool box that was made in the US(surprisingly it was the cheap plastic one) and a Crescent wrench, but no luck finding a pair of locking pliers not made in China. Even Vise-grip brand are now made in China.

And it's not all that much cheaper than the american-made stuff used to be, and if it is the quality is so low it just won't last.

Instead of a few hundred people making a living in a factory, a dozen or so live like minor royalty and the rest scrape by.

bsharitt

2011-11-12 04:03:39 PM

Goimir: bsharitt: I was buying tools today and it's quite a pain to find stuff not made in China. I did find a tool box that was made in the US(surprisingly it was the cheap plastic one) and a Crescent wrench, but no luck finding a pair of locking pliers not made in China. Even Vise-grip brand are now made in China.

And it's not all that much cheaper than the american-made stuff used to be, and if it is the quality is so low it just won't last.

Instead of a few hundred people making a living in a factory, a dozen or so live like minor royalty and the rest scrape by.

The Crescent wrench was just barely more that the other decent stuff(not the $2 wrenches that won't last more than a couple jobs) and that was probably more due to it being the brand name than the american made.

beta_plus

2011-11-12 04:14:02 PM

American cars for export - who the fark would import them?

/do the US Honda, Toyota, & Nissan plants export?
//did it all just go to Canada?

mr0x

2011-11-12 04:51:40 PM

bsharitt: I was buying tools today and it's quite a pain to find stuff not made in China. I did find a tool box that was made in the US(surprisingly it was the cheap plastic one) and a Crescent wrench, but no luck finding a pair of locking pliers not made in China. Even Vise-grip brand are now made in China.

It's made in China using manufacturing equipment from US, Japan, Germany etc.

Like the iPhone, iPad etc is made in China but not really.

rogue49

2011-11-12 04:56:05 PM

the fundamentals are good

Linux_Yes

2011-11-12 05:19:44 PM

yea, and the "patriotic" republican TurdMachine called FOX Noise with spin it and Obama is shipping too many American goods overseas.

and the Sheeple who gaze at FOX Noise will soak it up and pass it on to their teenage mice.

Trance750

2011-11-12 07:35:20 PM

Linux_Yes: yea, and the "patriotic" republican TurdMachine called FOX Noise with spin it and Obama is shipping too many American goods overseas.

and the Sheeple who gaze at FOX Noise will soak it up and pass it on to their teenage mice.

Good analogy, but a little insulting to call the Fox News fans as 'sheep'. I know sheep have a reputation for not being very bright, but even they're more intelligent than your average Republican

BolloxReader

2011-11-13 08:24:04 AM

beta_plus: American cars for export - who the fark would import them?

/do the US Honda, Toyota, & Nissan plants export?
//did it all just go to Canada?

I dunno, considering everyone else drives on the wrong side of the world. Maybe they use them for mail delivery?

Franco

2011-11-13 12:31:32 PM

mr0x: bsharitt: I was buying tools today and it's quite a pain to find stuff not made in China. I did find a tool box that was made in the US(surprisingly it was the cheap plastic one) and a Crescent wrench, but no luck finding a pair of locking pliers not made in China. Even Vise-grip brand are now made in China.

It's made in China using manufacturing equipment from US, Japan, Germany etc.

Like the iPhone, iPad etc is made in China but not really.

He doesn't think the Chinese are back engineering those manufacturing equipment. Bawhahahaha. How do you think the US was able to compete with England in the 19th century.

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