Friday, August 18, 2006

More Troubling Economic News

Housing, consumer confidence, inflation, job creation have all been a little squirrelly lately, now Ford drops a big bomb.

Ford Motor Co. Friday said it will cut fourth-quarter production by 21 percent and also reduce third-quarter production to accelerate its turnaround plan.

The automaker said it would cut North American production in the fourth quarter by 168,000 units and reduce third-quarter production by 20,000 vehicles.

{snip}

The new production plan will result in downtime this year at assembly plants in St. Thomas, Ontario; Chicago; Wixom, Mich.; Louisville, Ky.; Wayne, Mich.; St. Paul, Minn.; Kansas City, Mo.; Norfolk, Va.; and Dearborn, Mich.; Ford said.


The brave new world of employment is arising in this nation. At one time your job might include health care, pensions, and a living wage, now you get a hand book that ncluded:

Helpful suggestions included fishing in the trash for things they like, taking dates for a walk in the woods, and shopping at thrift stores.


Just another day in Bush's America, where the race to the bottom has become our nations only goal.

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