In response to:

Obama’s Dismal Record on Jobs, Explained with Common Sense

Fooling Wrote: Jan 17, 2013 8:27 AM
Looks like Boeing is having trouble now. http://www.cnbc.com/id/100385850 We used to be the leader of the world in aerospace. Now we cannot build a plane. Union thuggery and legislation, regulation, affirmative action, more concern with diversity than product. Fine. We deserve to get our butts kicked in the world marketplace. Give up our freedoms without a peep? Cannot even build a plane, lol!
same10 Wrote: Jan 17, 2013 2:41 PM
The problem is with a subcontract part-the batteries.
Boeing doesn't make them.
Arley2 Wrote: Jan 17, 2013 2:17 PM
A Boeing 747 has something like one million different parts, yet the airplane has functioned exceedingly well for 30 plus years.

But it wasn't always that good. Such a complex bit of machinery takes "sorting out" and that doesn't happen quickly. The 747 had problems too early on.

The Dreamliner will also get sorted out, and you observation that "we cannot build a plane" isn't correct.
same10 Wrote: Jan 17, 2013 2:41 PM

Economists may not agree on much, but we all agree that economic output is a function of capital and labor. Ask a Keynesian, a Marxist, an Austrian, a monetarist, or any economist, and they’ll all agree that living standards are determined by the quality and quantity of these two factors of production.

So it should be very worrisome that there has been a big drop in the share of the population that is employed. Here’s a chart produced from Bureau of Labor Statistics data, showing labor force participation during the 21st Century.