peter d
Senior Member
- Location
- New England
No, I an on 128 north in Needham stuck in traffic.
Only Bob would post on the forum while stuck in traffic.
the economy
- Thread starter electricalperson
- Start date
- Status
Only Bob would post on the forum while stuck in traffic.
hardworkingstiff
Senior Member
- Location
- Wilmington, NC
It's almost Christmas, maybe they are just turning their heads?
I'm with you Scott, when the chit hits the fan, it's going to be worldwide and this Country is the place to be (biggest guns still).
Pierre C Belarge
Senior Member
- Location
- Westchester County, New York
How is the weather up there?No, I an on 128 north in Needham stuck in traffic.
electricmanscott
Senior Member
- Location
- Boston, MA
Bad enough that some of us are sitting in comfort rather than traffic. :grin:
economy
economy
the last two and a half years i have seen the economy change here doing design build work mainly for investor and speculators the properies have not been turning. these range from office warehouse to medical office / retail.
now we are bidding work and can be low bid at time of bid against 2 or three others and not getting jobs, alot of keeping people honest?, match thier #?.
bis a montessori school referred by a bank, we were 2nd go round as they did not agree on terms with last GC, permit ready, looked good, bank turned down thier loan application, are now shopping numbers and banks. think there is alot more of this going on than we know.
the majority of the work going on here is government, schools, roads, infastucture, water ect., and it all has 100 bidders or more
economy
the last two and a half years i have seen the economy change here doing design build work mainly for investor and speculators the properies have not been turning. these range from office warehouse to medical office / retail.
now we are bidding work and can be low bid at time of bid against 2 or three others and not getting jobs, alot of keeping people honest?, match thier #?.
bis a montessori school referred by a bank, we were 2nd go round as they did not agree on terms with last GC, permit ready, looked good, bank turned down thier loan application, are now shopping numbers and banks. think there is alot more of this going on than we know.
the majority of the work going on here is government, schools, roads, infastucture, water ect., and it all has 100 bidders or more
Curtis4President
Member
- Location
- Near Seattle
Same ol song and dance here in Seattle. To many contractors not enough work. Our shop is going the service route, not a lot of new stuff going. I was at a public walk thru at the local fire dept, guess what so were 30 other guys. same same same . Hopefully praying helps, cause I have been doing my share.
Pray for Obama: Psalms 109 Verse 8
Tim
Pray for Obama: Psalms 109 Verse 8
Tim
hardworkingstiff
Senior Member
- Location
- Wilmington, NC
You nailed it, this IS what's going on. The pressure for lower numbers will continue.
This shows how bad things would be if the government was not spending any money. The government is caught between a rock and a hard spot. Spend enough right now and maybe you can kick-start the economy (I doubt it but that seems to be the plan) but the cost is a bigger "in your face" bill comes due later in time (the D word, DEBT). The only way I know to get out of debt is to live below your means. Our economy will have to grow soooooo much to pay of the debt that I just don't see how we can do it. Deflating the currency so we can pay off current debt with cheaper dollars is one way (and seems to be the plan). The other way is to just default on the fiat currency (which seems to be a world problem).
This is very complicated and a world problem, not just a U.S. problem.
Best year of my life, but not because I was busy doing electrical work.
I think we all should just ponder that for awhile. :grin:
Roger
cschmid
Senior Member
- Location
- Northern cold country
This animation will show you just how hard the economy is effected by month for the last like 34 months. from 1/2007 to 10/2009
http://cohort11.americanobserver.net/latoyaegwuekwe/multimediafinal.html?ref=patrick.net
http://cohort11.americanobserver.net/latoyaegwuekwe/multimediafinal.html?ref=patrick.net
hardworkingstiff
Senior Member
- Location
- Wilmington, NC
electricmanscott
Senior Member
- Location
- Boston, MA
I'll be dead so I really don't care.
Here is the truth that you guys won't like.
Most of the economists that I have heard advocate government spending now to jump start things. I tend to side with them over a bunch of electricians.
hardworkingstiff
Senior Member
- Location
- Wilmington, NC
Serious, or just funning?I'll be dead so I really don't care.
Here is the truth that you guys won't like.
Most of the economists that I have heard advocate government spending now to jump start things. I tend to side with them over a bunch of electricians.
There are economists that lean the opposite direction.
Didn't you know, I'm a multi-talented person. Electrician, economist, philosopher, etc. etc.
- Location
- Simi Valley, CA
I've been the electrical inspector for this city for just under 20 years. We're a city of about 200,000, we haven't sold 3000 permits this year and probably won't. Five years ago at this time we were over 8000.
I went for two week without an electrical inspection and 3 of those days we had no commercial inspections at all.
electricmanscott
Senior Member
- Location
- Boston, MA
Half and half I guess. One half, yes I will be dead, the other half no I really don't care all that much.
hardworkingstiff
Senior Member
- Location
- Wilmington, NC
Half and half I guess. One half, yes I will be dead, the other half no I really don't care all that much.
I only ask because my 80-year old father said the same thing last year when I was trying to discuss some of these issues with him and I found it rather selfish and self-centered to not give a thought to the generations that follow. He didn't like my position on his attitude.
Pierre C Belarge
Senior Member
- Location
- Westchester County, New York
Tim
A word of advice...if you get rid of the 'twitch' in your neck, I bet you would get more work.
goldstar
Senior Member
- Location
- New Jersey
- Occupation
- Electrical Contractor
According to my accounting program I'm right in line with last year. The reality of it is I did practically nothing in the entire month of November. Good thing I joined Snap Fitness and had something to do with my time. I'm starting to bulk up thoughI have to ask, not in a smart ass way but for real. This topic keeps coming up as if it's new. What was the last year and a half like for you.
Pierre C Belarge
Senior Member
- Location
- Westchester County, New York
If the powers to be had the answer, they would be working on it. Right now what they are trying is like throwing dust into a wind storm. No one has the right answer as of today. This issue is too large. Even with all of the warning signs that were coming our way, no one could foresee just how bad it is...how much worse it is going to get. I do not believe the American public can understand just how long this is actually going to last either.
hardworkingstiff
Senior Member
- Location
- Wilmington, NC
You really should strive for more education.
- Status