Obama advisers: Plan would create up to 4.1M jobs

[EscortBiz]

http://biz.yahoo.com/ap/090110/obama_economy.html

WASHINGTON (AP) -- President-elect Barack Obama countered critics with an analysis Saturday by his economic team showing that a program of tax cuts and spending like he's proposed would create up to 4.1 million jobs, far more than the 3 million he has insisted are needed to lift the country from recession.

Congressional Republicans reacted skeptically, just as Obama acknowledged that he would be forced to recant some of his campaign promises given the economic crisis facing the country. Even the president-elect's own economists acknowledged their two-year estimates could be wrong.

The 14-page analysis, which was posted online, says estimates are "subject to significant margins of error" -- because of the assumptions that went into the economic models and because it is not known what might pass Congress.

"These numbers are a stark reminder that we simply cannot continue on our current path," Obama said in his weekly radio and YouTube broadcast address.

"If nothing is done, economists from across the spectrum tell us that this recession could linger for years and the unemployment rate could reach double digits -- and they warn that our nation could lose the competitive edge that has served as a foundation for our strength and standing in the world," he said.

Obama has provided few details of his $775 billion plan so far. This fresh report does not include the specific construction of his tax cuts, the amounts dedicated to state aid or public works -- key questions that Obama aides have closely held.

On Saturday, economic aides and advisers declined to lay out even rough estimates for the plan's components. They said they worked with broad instructions from Obama but didn't want to limit negotiations with congressional leaders by outlining their limits in public.

"I want to be realistic here. Not everything that we talked about during the campaign are we going to be able to do on the pace we had hoped," Obama told ABC's "This Week" for an interview set to air Sunday.

For a second time since his election, Obama increased the number of jobs his jobs program would create, taking the number to as many as 4.1 million jobs saved or created -- a benchmark his critics charge cannot be measured. During the campaign, he promised only 1 million new jobs.

The analysis came out one day after news the unemployment rate had jumped to 7.2 percent, the highest in 16 years. The nation lost 524,000 jobs in December, bringing the total job loss for last year to 2.6 million, the largest since World War II.

GOP lawmakers have insisted on carefully targeting any aid and on a politically popular tax cut for the middle class, as well as loans to states.

"We want to make sure it's not just a trillion-dollar spending bill, but something that actually can reach the goal that he has suggested," said Sen. Mitch McConnell of Kentucky, the Senate's top Republican.

Obama's plan has met with lukewarm support from lawmakers in general, despite economic news that has dominated the new administration even before it begins.

In hopes of having the new president gain immediate access to bailout money already approved by Congress when he takes office Jan. 20, his economic team and the Bush administration have discussed the possibility that Treasury Secretary Henry Paulson would ask lawmakers soon for access to the $350 billion remaining in the Wall Street rescue fund.

The transition team also has asked the head of the rescue program at the Treasury Department to remain in that position for a short time after the inauguration to help assure a smooth transition, according to an Obama official.

If Congress fails to enact a big economic recovery plan, Obama's advisers estimate that an additional 3 million to 4 million jobs will disappear before the recession ends. Obama's team also noted that with or without the plan, the jobless rate by 2014 would be the same.

The president-elect agreed on Friday to modest changes in his proposed tax cuts. Democratic congressional officials said his aides came under pressure in private talks to jettison or significantly alter a proposed tax credit for creating jobs, and to include relief for upper middle-class families hit by the alternative minimum tax.

The new report is likely to intensify debate as economists outside the Obama team begin delving into the analysis. The report, for example, estimates that the unemployment rate at the end of 2010 would be 1.8 percentage points lower if the plan is enacted.

Top Democrats on Capitol Hill say there is far more agreement than disagreement on the major parts of the recovery plan: aid to cash-strapped state governments, $500-$1,000 tax cuts for most workers and working couples, and a huge spending package blending old-fashioned public works projects with aid to the poor and unemployed and a variety of other initiatives.

But it needs restrictions, Republicans say, to ensure prudent spending.

University of Maryland economist Peter Morici said the analysis attempted an economic justification for a political decision. He said evidence suggests that working class families would spend the modest tax credits -- $500 per individual or $1,000 per family -- on low-cost, imported products that do little for the U.S. economy. He also said state and local governments don't need as much aid as Obama is proposing.

"They should stick to the infrastructure spending" in the plan and jettison much of the rest, Morici said in an interview, because that is the most likely proposal to provide a short-term economic boost and long-term benefits.

[pornask]

I was kind of curious - did those Obama blind sheep get it by now or do they still think he's the shit?

[Sly]

I always sort of cringe when a politician talks about "creating jobs". Politicians don't create jobs, businesses do. A politician can, however, create policies that make it easier and smarter for businesses to create more jobs.

I also don't agree with the $500 back they keep talking about. It isn't going to do enough to make it even worth it. The typical person will either pay off their debt or save it, people aren't running around spending... which is what the economy needs. So take that money and put it towards infrastructure or schools or health or any of the number of buzzwords that need an overhaul.

[tony286]

Creating the illusion of stability and policies to encourage business growth encourages business to start hiring again.Then people start spending and life goes on. Jobs are really the key.

[CIVMatt]

Dudes none of this matters, Obama's president, it's all about change man, everything will be fine, once he takes office you'll see 1000% increase in your traffic and productivity

[pornask]

Originally Posted by CIVMatt

Dudes none of this matters, Obama's president, it's all about change man, everything will be fine

[IllTestYourGirls]

Originally Posted by tony404

Creating the illusion of stability and policies to encourage business growth encourages business to start hiring again.Then people start spending and life goes on. Jobs are really the key.

I dont even know where to start with that fairytale

Lets see if Obama can pull the wool over walmart, best buy, gm, ge, ford, sears and so on eyes to get them to hire again?

[Malicious Biz]

Originally Posted by pornask

[After Shock Media]

Originally Posted by Sly

I always sort of cringe when a politician talks about "creating jobs". Politicians don't create jobs, businesses do. A politician can, however, create policies that make it easier and smarter for businesses to create more jobs.

I also don't agree with the $500 back they keep talking about. It isn't going to do enough to make it even worth it. The typical person will either pay off their debt or save it, people aren't running around spending... which is what the economy needs. So take that money and put it towards infrastructure or schools or health or any of the number of buzzwords that need an overhaul.

You pretty much went against your first paragraph with the second. Infrastructure improvements are jobs the governments creates and pays for, which are often done through contractor businesses but still when rubber meets the road - government paid for and created them. I personally have yet to see a freeway or something built by wal-mart yet.

As far as the cash back. I thought that it was via peoples paychecks and with that it would also have incentives for small businesses attached to it so they can save money and perhaps employ more people etc.

I am only about half way on health care. Yeah it is a big buzzword. Just do not like it that much at all and I really could use it. As for schools - fuck them unless they finally do what should of been done long ago and attach the funds to the student and let families decide where their kid goes to school with the funds following the kid. No real way of that happening much though as that would require that the teachers union would need to be crippled first, which it should followed by the board of education. Let the private sectors primarily take over schools.

[onwebcam]

These particular jobs are the key to creating the illusion of stability but in reality they are nothing but increasing government spending and the debt to a small group of already very rich people. My analogy of the situation is the captains of sinking ships carrying people to some new found land with all their worldly possessions are telling everyone to stay on board for a while longer. In the mean time they have their small crew of loyal folks dropping survival boats off the side of the ship and loading them up with everyone's possessions. Once all the loot is gone they'll announce it's every man for himself. They point to a far away island and tell everyone to swim or those that have something else to offer can get on the last boat with them.

[tony286]

Originally Posted by IllTestYourGirls

I dont even know where to start with that fairytale

Lets see if Obama can pull the wool over walmart, best buy, gm, ge, ford, sears and so on eyes to get them to hire again?

yep with John the economy is fine Mccain we would be doing great with the dontcha know lady. lol

[Sly]

Originally Posted by After Shock Media

You pretty much went against your first paragraph with the second. Infrastructure improvements are jobs the governments creates and pays for, which are often done through contractor businesses but still when rubber meets the road - government paid for and created them. I personally have yet to see a freeway or something built by wal-mart yet.

As far as the cash back. I thought that it was via peoples paychecks and with that it would also have incentives for small businesses attached to it so they can save money and perhaps employ more people etc.

I am only about half way on health care. Yeah it is a big buzzword. Just do not like it that much at all and I really could use it. As for schools - fuck them unless they finally do what should of been done long ago and attach the funds to the student and let families decide where their kid goes to school with the funds following the kid. No real way of that happening much though as that would require that the teachers union would need to be crippled first, which it should followed by the board of education. Let the private sectors primarily take over schools.

You don't really think he plans on creating 4 million jobs with government contracts, do you?

I think one of the biggest problems with the public school system is teacher tenure and teacher pay. They should both be the opposite of what they are. Teachers should be fired if they suck, period. There are a lot of great teachers out there that get paid the same amount or less than bad teachers that have been around for 30 years. Open up the door to fire bad teachers while offering higher pay for the good ones.

[tony286]

At least they are going to try. We go into a depression most here are seriously fucked.

[IllTestYourGirls]

Originally Posted by tony404

yep with John the economy is fine Mccain we would be doing great with the dontcha know lady. lol

Nope we were pretty much fucked both ways. At least Obama supporters are starting to admit Obama is just an illusionist and cant really get anything done. He has been bought and sold by the same people Bush was and Obama isnt even in office yet! lol

[tony286]

Originally Posted by IllTestYourGirls

Nope we were pretty much fucked both ways. At least Obama supporters are starting to admit Obama is just an illusionist and cant really get anything done. He has been bought and sold by the same people Bush was and Obama isnt even in office yet! lol

I think if it was John you would be saying lets give him a chance. lol Give him 6 months then bitch about him lol

[Iron Fist]

Wal-Mart is laying off front line workers? So when did this happen? Oh right... it hasn't.... you still need slaves to run the world's most profitable company.

[Sethseekstruth]

We need a fundemental re-alignment of the way people in America live. The economy was fueled by ever increasing consumer debt in one form or another, either via credit card or mortgages in over valued homes.

People hwve gojne into debt buying crap they don't need, and now thay are out of money, and until the debt levels come down we will not see growth

[IllTestYourGirls]

Originally Posted by tony404

I think if it was John you would be saying lets give him a chance. lol Give him 6 months then bitch about him lol

Then you dont know me to well . I am a member of my local GOP committee. I almost got thrown out for not campaigning for McCain and my open disgust of Bush

[onwebcam]

Originally Posted by tony404

At least they are going to try. We go into a depression most here are seriously fucked.

Fixing the system requires a complete overhaul. When your engine is pretty much gone and if you plan on keeping the car you don't do a temporary fix. You overhaul the engine or buy a complete new one. If you just do minor tinkering to get it to running again you'll get the same results shortly down the road. Or you just do the tinkering and sell it off to someone else and let them have the problems. The last two are the only ways our government knows how to fix the problem. Because if they overhaul the engine or buy a new one like your mechanic once the car is fixed they aren't all that important anymore.

It's all pretty simple the more people that depend on the government for their lively hood the more control the government has. This is what they want. Republican or democrat, US or UK. They're all the same. The US is just further behind most others in giving up their freedoms to said governments. Ideally they would like all countries to be as controlled as UK, China, etc. It doesn't matter if they are considered democratic, communist, socialist, etc It's all about control. You don't bite the hand that feeds you.

[psili]

Originally Posted by IllTestYourGirls

Then you dont know me to well . I am a member of my local GOP committee. I almost got thrown out for not campaigning for McCain and my open disgust of Bush

Who did you vote for then?

[tony286]

Originally Posted by Sethseekstruth

We need a fundemental re-alignment of the way people in America live. The economy was fueled by ever increasing consumer debt in one form or another, either via credit card or mortgages in over valued homes.

People have gone into debt buying crap they don't need, and now thay are out of money, and until the debt levels come down we will not see growth

This wasn't caused by consumers. it was deregulation,credit swaps and derivatives.A another big problem in this country is we don't make shit. Its all made in third world countries so goods are cheap which doesn't make the people aware their wages havent really risen to shit for a long time.imo
I have a friend who is as right wing as right wing gets.He actually has ties from the rush tie collection. He said its all bullshit that unemployment is much higher than we have been told for quite a while. People cant pay their mortgages because they have lost jobs and cant find work. Think about it, you are just going to walkaway from your home for a increase of 500 to 800 dollars and ruin your credit for a very long time?
I saw myself starting a couple of years ago, I was shooting more and more models that started doing adult because they were laid off from their job and couldnt find a replacement.

[Sly]

Originally Posted by tony404

This wasn't caused by consumers. it was deregulation,credit swaps and derivatives.A another big problem in this country is we don't make shit. Its all made in third world countries so goods are cheap which doesn't make the people aware their wages havent really risen to shit for a long time.imo
I have a friend who is as right wing as right wing gets.He actually has ties from the rush tie collection. He said its all bullshit that unemployment is much higher than we have been told for quite a while. People cant pay their mortgages because they have lost jobs and cant find work. Think about it, you are just going to walkaway from your home for a increase of 500 to 800 dollars and ruin your credit for a very long time?
I saw myself starting a couple of years ago, I was shooting more and more models that started doing adult because they were laid off from their job and couldnt find a replacement.

Good lord Tony... there is over $2 trillion in American consumer debt. You are trying to say that consumers bare absolutely no responsibility of that? Seriously?

I have zero consumer debt. That is quite different from what I had a year ago. I made the choice to stop being irresponsible and spending more money than I had, I busted my ass and I paid it all off. Now I have made a pact with myself to not repeat the same mistakes.

Why am I able to make that choice yet millions of others somehow miraculously cannot take the same steps and are forced by evil corporations to spend more money than they make?

[onwebcam]

Originally Posted by Sly

Good lord Tony... there is over $2 trillion in American consumer debt. You are trying to say that consumers bare absolutely no responsibility of that? Seriously?

Wow only 2 trillion? Then why did we just spend $8.5 trillion bailing out the banks because of our "overspending?" If that's the case then Obama can just use the $2 trillion in excess spending he plans and pay off all our debts and we're all good eh?

[AlienQ - BANNED FOR LIFE]

Outsourcing is the main problem.

America's largest industrial companies are giving jobs to East Indians, Asians and anywhere else but America. It was only a matter of time till the shit hit the fan and until that problem is fixed, and jobs are brought back to America the economy will rebuild itself. As it stands right now these politicans are just adding fuel to the fire and nothing will change till Americans are working again. Just giving them jobs to clean streets and build schools does nothing more than increase the nations debt in the long run.

Obama will not be able to stop the problem unless he wants to get serious about companies paying low wage workers off shore and bring jobs back to Americans.

Right now companies can pay an American or pay some foreign labor worker. Hands down the foreign worker is cheaper in every way. Do not have to insure them, hardly have to pay them. There is no reason to hire American workers these days for big companies.

[After Shock Media]

Originally Posted by Sly

Good lord Tony... there is over $2 trillion in American consumer debt. You are trying to say that consumers bare absolutely no responsibility of that? Seriously?

I have zero consumer debt. That is quite different from what I had a year ago. I made the choice to stop being irresponsible and spending more money than I had, I busted my ass and I paid it all off. Now I have made a pact with myself to not repeat the same mistakes.

Why am I able to make that choice yet millions of others somehow miraculously cannot take the same steps and are forced by evil corporations to spend more money than they make?

About ready to type nearly same thing. Consumers are just as much to blame. Nobody but them created a 0 to negative average savings. They also ran up their own debt. Lived lives they could not afford and upgraded just because they could. Nobody was seriously twisting anyone's arms to take out 120% of their equity to go on vacation and spending spree's. People can and are able to live within their means if they desire to and nobody forces them to not do so by spending instead of saving.

I do have some debt myself right now. I am sitting on a van loan that I am still upside down on, but which I can and do make more than the base monthly payment for. I also nearly always have some medical debt which I am just used to now but it does eat up money quick. Lastly I actually try to keep some revolving debt now on 2 credit cards I have. Especially since I had a card cancelled, apparently for paying off the balance all the time in full.

Not saying others did not add to this shit storm either. Yes people in wall street fucked up. Banks fucked up. Investors fucked up - especially with energy and the like. Seems to many want to say just one area did it, when it was a combined effort.

[AlienQ - BANNED FOR LIFE]

You will notice that all the news and media is avoiding this issue and will never ever admit or discuss the rampant outsource problem. Its a like a toilet boil stuck with the flush on, the shit is just gonna keep draining until the flush is fixed...

[tony286]

Originally Posted by Sly

Good lord Tony... there is over $2 trillion in American consumer debt. You are trying to say that consumers bare absolutely no responsibility of that? Seriously?

I have zero consumer debt. That is quite different from what I had a year ago. I made the choice to stop being irresponsible and spending more money than I had, I busted my ass and I paid it all off. Now I have made a pact with myself to not repeat the same mistakes.

Why am I able to make that choice yet millions of others somehow miraculously cannot take the same steps and are forced by evil corporations to spend more money than they make?

I would bet you alot of that is too pay for things to off set lack of wages. I had read where people are walking away from houses but still pay the cc bills. It went to say because its their offset crutch.
Also if credit wasnt offered so easily and so much of it it wouldn't of been had.

[tony286]

Originally Posted by AlienQ

Outsourcing is the main problem.

America's largest industrial companies are giving jobs to East Indians, Asians and anywhere else but America. It was only a matter of time till the shit hit the fan and until that problem is fixed, and jobs are brought back to America the economy will rebuild itself. As it stands right now these politicans are just adding fuel to the fire and nothing will change till Americans are working again. Just giving them jobs to clean streets and build schools does nothing more than increase the nations debt in the long run.

Obama will not be able to stop the problem unless he wants to get serious about companies paying low wage workers off shore and bring jobs back to Americans.

Right now companies can pay an American or pay some foreign labor worker. Hands down the foreign worker is cheaper in every way. Do not have to insure them, hardly have to pay them. There is no reason to hire American workers these days for big companies.

Thank you its a big problem and its more and more white collar jobs also.

[marketsmart]

the four biggest problems in the US are unions, oil imports, job exports, and the cost of housing...

bring the cost of housing down and it will free up cash for people to inject into the economy. i have always believed that a 2 minimum wage earners should be able to afford to own a home. housing should cost no more than 20% of a persons income and thats all the banks should be allowed to loan..

get rid of the unions and companies can afford to hire and keep employees during tough economic times. unions were good back in the early 1900's when working and pay conditions were horrible. paying a high school graduate $20/ hour + all the benefits is ridiculous.

charge companies extra taxes/penalties if they want to export jobs out of the US. the govt needs to make it more attractive for companies to hire inside the US.

the faster we get off dependency to foreign oil the better. too much money goes offshore to countries that dont like us and offer no economic benefit to the US..

[seeandsee]

Now $ raise please!

[Sly]

Originally Posted by marketsmart

the four biggest problems in the US are unions, oil imports, job exports, and the cost of housing...

bring the cost of housing down and it will free up cash for people to inject into the economy. i have always believed that a 2 minimum wage earners should be able to afford to own a home. housing should cost no more than 20% of a persons income and thats all the banks should be allowed to loan..

get rid of the unions and companies can afford to hire and keep employees during tough economic times. unions were good back in the early 1900's when working and pay conditions were horrible. paying a high school graduate $20/ hour + all the benefits is ridiculous.

charge companies extra taxes/penalties if they want to export jobs out of the US. the govt needs to make it more attractive for companies to hire inside the US.

the faster we get off dependency to foreign oil the better. too much money goes offshore to countries that dont like us and offer no economic benefit to the US..

Holy Christ go run for something... you have my vote.

[AlienQ - BANNED FOR LIFE]

Yup, I wouldnt call a job at Starbucks or Denny's, Walmart a real job, but politicians do.
Just because it meets the qualifications of an actual job one has to think of it more like a cheap additive or ingredient. Many American families lost thier jobs at the big companies took a pay cut to work at Walmart. Sure they were not unemployed right? But they went from 65K a year to 30K a year with a family to support. Thats not a good sign for a good economy.

Real Jobs provide a future, and its not just about getting a raise to work the Salad bar.

[After Shock Media]

Ah please do not try to go the outsource route. The very same companies could just pack up and move themselves out of the country and even save more. You can not really tell a company how to operate when they have options and competition in a free market.

If you want to get picky about it figure out why everyone is OK with everything being disposible and needing to be replaced in a year or two. When is the last time you had a TV or radio repaired instead of replaced, hell are there still small repair shops around? Have you changed a blade recently or do you buy refill packs of shaving heads? How old is your phone?

[tony286]

Originally Posted by marketsmart

the four biggest problems in the US are unions, oil imports, job exports, and the cost of housing...

bring the cost of housing down and it will free up cash for people to inject into the economy. i have always believed that a 2 minimum wage earners should be able to afford to own a home. housing should cost no more than 20% of a persons income and thats all the banks should be allowed to loan..

get rid of the unions and companies can afford to hire and keep employees during tough economic times. unions were good back in the early 1900's when working and pay conditions were horrible. paying a high school graduate $20/ hour + all the benefits is ridiculous.

charge companies extra taxes/penalties if they want to export jobs out of the US. the govt needs to make it more attractive for companies to hire inside the US.

the faster we get off dependency to foreign oil the better. too much money goes offshore to countries that dont like us and offer no economic benefit to the US..

Unions caused nothing wages have dropped in this country. The execs are about their 500 million dollar bonuses.
http://www.epi.org/content.cfm/webfe...shots_20060621
In 1965, U.S. CEOs in major companies earned 24 times more than an average worker; this ratio grew to 35 in 1978 and to 71 in 1989. The ratio surged in the 1990s and hit 300 at the end of the recovery in 2000. The fall in the stock market reduced CEO stock-related pay (e.g., options) causing CEO pay to moderate to 143 times that of an average worker in 2002. Since then, however, CEO pay has exploded and by 2005 the average CEO was paid $10,982,000 a year, or 262 times that of an average worker ($41,861).

[After Shock Media]

Originally Posted by marketsmart

bring the cost of housing down and it will free up cash for people to inject into the economy. i have always believed that a 2 minimum wage earners should be able to afford to own a home. housing should cost no more than 20% of a persons income and thats all the banks should be allowed to loan..

Um screw you and that idea. Not everybody should be able to own a home. Sure people can and should save to get one but to think that a couple that earns minimum wage should be able to buy a whole is just fucking nutty. Not everyone needs to own, there have been renters forever and they should be. Besides you can not force people to sell their property for less than it is worth in their minds.

[AlienQ - BANNED FOR LIFE]

Originally Posted by After Shock Media

Ah please do not try to go the outsource route. The very same companies could just pack up and move themselves out of the country and even save more. You can not really tell a company how to operate when they have options and competition in a free market.

If you want to get picky about it figure out why everyone is OK with everything being disposible and needing to be replaced in a year or two. When is the last time you had a TV or radio repaired instead of replaced, hell are there still small repair shops around? Have you changed a blade recently or do you buy refill packs of shaving heads? How old is your phone?

Sure you can...
Want to sell your product in America? You goto make it in America. Sure thats draconian and extreme and most unlikely but different measures can be done that are along the same lines, such as applying import taxes... Domestic product's can have less tax applied to the consumer...

There are a shit ton of methods that can bring jobs back into America. Right now however there is no reason t for big companies. For one... Americans can get together and start going to the nuts and bolts of things and begin to favor buying only domestic made products, and bring back "Made In America". If every American preferred American made product or deferred Foriegn made from American made it would be a big game changer. Not that it will happen but it could.

[onwebcam]

End the federal reserve you end increasing the national debt and the Income Taxes/IRS.
End fractional banking you end outrageous cost of living increases.
Create a cost of living monetary system.
create a national sales tax on consumption and imports.
Job done.

The money changers have fucked up societies throughout history. It's never going to change if they are allowed to continue. It's even in the bible.

"And Jesus went into the temple of God, and cast out all them that sold and bought in the temple, and overthrew the tables of the money changers, and the seats of them that sold doves, and said unto them, 'It is written, My house shall be called the house of prayer; but ye have made it a den of thieves.'" Jesus of Nazareth

[DaddyHalbucks]

Tax cuts? Who does he think he is, Ronald Reagan?

[tony286]

Originally Posted by DaddyHalbucks

Tax cuts? Who does he think he is, Ronald Reagan?

Actually the biggest tax increases during peacetime was during reagan.

[KillerK]

Originally Posted by AlienQ

Sure you can...
Want to sell your product in America? You goto make it in America. Sure thats draconian and extreme and most unlikely but different measures can be done that are along the same lines, such as applying import taxes... Domestic product's can have less tax applied to the consumer...

There are a shit ton of methods that can bring jobs back into America. Right now however there is no reason t for big companies. For one... Americans can get together and start going to the nuts and bolts of things and begin to favor buying only domestic made products, and bring back "Made In America". If every American preferred American made product or deferred Foriegn made from American made it would be a big game changer. Not that it will happen but it could.

The problem is a lot of American products are shit, look at cars instance...

[After Shock Media]

Originally Posted by KillerK

The problem is a lot of American products are shit, look at cars instance...

as i was saying i would like to know why is it that almost everything they bought lasted and could be repaired
they had tv sets that would last as long as their marriage
nothing needed a 3 year warranty because if something did not last at least 5 years nobody would ever buy it

and these were american products