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US manufacturing shrinks for the first time in three years.

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posted on Jul, 2 2012 @ 06:19 PM
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US manufacturing has declined for the first time in three years.
Should President Obama shoulder any blame for this?

Maybe it's George W. Bush's fault?
US manufacturing shrinks

I realize that there are many factors that has caused this, but when will the buck stop with Obama?
edit on 2-7-2012 by butcherguy because: To add.



posted on Jul, 2 2012 @ 06:24 PM
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reply to post by butcherguy
 


its the earthquakes fault.



posted on Jul, 2 2012 @ 06:27 PM
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reply to post by bjax9er
 
Stupid earthquakes.
Congress should outlaw them.
Or tax the hell out of 'em at least.


edit on 2-7-2012 by butcherguy because: (no reason given)



posted on Jul, 2 2012 @ 06:28 PM
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reply to post by butcherguy
 


The answers are in the article.
Europe's recession and China's drop in manufacturing and American consumers being more frugal is definitely Obama's fault.



posted on Jul, 2 2012 @ 06:34 PM
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reply to post by spinalremain
 




The answers are in the article.

That's what the author says.
China is hand to mouth as far as orders for raw materials, that's due in large part to our economy faltering. The European situation could have worked to our benefit if our economy had turned around a year ago.



posted on Jul, 2 2012 @ 06:40 PM
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reply to post by butcherguy
 


Oh dear, I thought this thread was about the booming psychiatry business....


Ah well, I'll run with it anyway. Perhaps Americans have been spending far too much time on the analysts' couches wondering what the hell happened to the self respect. Time we did something constructive again.



posted on Jul, 2 2012 @ 09:03 PM
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Originally posted by seaside sky
reply to post by butcherguy
 


Oh dear, I thought this thread was about the booming psychiatry business....


Ah well, I'll run with it anyway. Perhaps Americans have been spending far too much time on the analysts' couches wondering what the hell happened to the self respect. Time we did something constructive again.


The mental health department in my county is expanding, so you're right; we are manufacturing shrinks. Go Obama!




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