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July 20, 2012 at 4:41 PM #748590July 20, 2012 at 4:43 PM #748591
svelteParticipant[quote=flu]Hijack. The fusion is made in Mexico (for now). So it ain’t helping detroit (yet)
[quote]
Where do you think profits from the sale of a Fusion go?
[/quote]The CEO, the unions, marketing/sales expense to beef up sales in Europe where Ford just lost a handlful, and in Asia, where Ford isn’t as successful as GM…Oh yes, to a much lesser extend, regular employees in terms of creating more jobs in america.
[/quote]Profit is what is left after all expenses related to producing the object are deducted. For an American company,that comes back to the US. Now, they may spend some of that profit on marketing to beef up the European market, but that would be another topic entirely – where they spend the profit they make.
Only thing that bugged me about the car is the little pano mirrors they have built into the side views. They were annoying and seemed to be misplaced. Other than that, A+.
July 20, 2012 at 5:49 PM #748593ltsddd
Participant[quote=sdrealtor]
…on Tuesday I sent them 5 houses that had been listed in the last day or two. Today four of the 5 are in escrow.[/quote]There must be something new with real estate transactions. Otherwise, how can you explain something that go from being active to being in escrow in a few days?
July 20, 2012 at 5:59 PM #748595Anonymous
Guest[quote=sdrealtor][quote=deadzone][quote=sdrealtor]Not an expert on this but seem to remember a few things about SD being one of the places defense jobs get consolidated into as well as some major contracts that are coming here also.
Also just one lonely data point but in over 10 years in this business I cant think of 5 buyers or sellers that I ran into related to the DoD jobs. I guess it must be an artifact of where most of my business takes me and doesnt take me.
I also dont think there is a chance of a 1990 repeat. Back them 30K jobs disappeared almost over night. Therent any employers big enough for that to happen here. It was also pre biotech/pharma/software/telcom explosions that have taken hold since the late 1990s. Its different this time.[/quote]
Some consolidation may happen in San Diego’s favor, or it may not. But if the sequestration happens, that will be across the board cuts.
Considering DoD is by far the largest employer in San Diego county, hard to belive you have had no dealings with DoD related people.[/quote]
UMMMMM….wrong!
http://www.sandiegostop10.com/Employers.aspx%5B/quote%5D
Don’t be so naive sdr, your’re not even counting the tens of thousands of DoD contractors, or the large weapons systems manufacturers such as NG, GA, BAE,etc who are part of DoD budge. But this list actually makes things look worse for San Diego because the city and state funded jobs are going to be taking a big hit too. Basically all signs ahead point to a rocky San Diego economy.July 20, 2012 at 6:21 PM #748597sdrealtor
ParticipantDont be so wrong deadzone, you said biggest employer not biggest industry. Even so I would say tourism, healthcare and education are each at least as large. I understand how big defense is around here but there is a difference between General Dynamics picking up stakes and over 10K jobs at once vs. various cuts across smaller employers. Youve been saying the economy was gonna crash here for years and its been a relative bright spot in the country across the recession. Its improving already in many sectors. You can doom and gloom all you want but reality is that things take time to happen, alot of time. And guess what? Time allows other wounds to heal. Its gonna be OK. Maybe not for you as I’m guessing you depend on the DoD budget but overall SD has a bright future over the long term. Only gonna get better.
July 20, 2012 at 10:56 PM #748618Guest[quote=sdrealtor]Dont be so wrong deadzone, you said biggest employer not biggest industry. Even so I would say tourism, healthcare and education are each at least as large. I understand how big defense is around here but there is a difference between General Dynamics picking up stakes and over 10K jobs at once vs. various cuts across smaller employers. Youve been saying the economy was gonna crash here for years and its been a relative bright spot in the country across the recession. Its improving already in many sectors. You can doom and gloom all you want but reality is that things take time to happen, alot of time. And guess what? Time allows other wounds to heal. Its gonna be OK. Maybe not for you as I’m guessing you depend on the DoD budget but overall SD has a bright future over the long term. Only gonna get better.[/quote]
Actually I’ve said the economy nationally was going to crash for years, and guess what, I was right. Now the DoD sequestration is a relatively new thing and that is likely to hit San Diego harder the the country as a whole. But if you thing tourism dollars are enough to compensate for thousands of lost high paying professional jobs, then you are delusional (or just a salesman).
July 21, 2012 at 5:58 AM #748628birmingplumb
ParticipantSorry, got “careless”. Saw the Fusion on MSNBC AD and just babbled something stupid. I work at the only UAW assembly plant in the city of Detroit. Jeep Grand Cherokee, Dodge Durango soon to be “Jeep Wagoner”. I served as alternate steward on 2nd shift, at “Jefferson” when they hired a full shift of $15 dollar employees. They averaged 19 years old and 90% were from the city. This was the first plant to take advantage of the wage cut and did they ever.
I will never forget being called to medical the first week. A kid needed emergency care. He had no insurance. They did not know what to do. A Chrysler worker with no healthcare? Nobody ever figured the 90 day wait for coverage would breed this. The nurse finally found a free clinic. Macaronni makes his millions and props up Fiat just like the Germans stole 10 billion cash in 1999. So forgive the error and the rant, just hoping to retire out there soon and personally thank the people who have helped me settle my kids there especially Bearish Gal.MotownJuly 21, 2012 at 7:58 AM #748635ParticipantDz
I respect your opinions but don’t agree with them. A few thousand high paying jobs lost we can easily survive. 20 to 30K jobs is a whole nuthatch ball game and I don’t foresee that happening around here in the defense sector. Hell we must have at least 10k individuals in RE, lending and construction who lost high paying incomes. We are all still here living and breathing. At least you and I are.July 21, 2012 at 11:43 AM #748648Guest[quote=sdrealtor]Dz
I respect your opinions but don’t agree with them. A few thousand high paying jobs lost we can easily survive. 20 to 30K jobs is a whole nuthatch ball game and I don’t foresee that happening around here in the defense sector. Hell we must have at least 10k individuals in RE, lending and construction who lost high paying incomes. We are all still here living and breathing. At least you and I are.[/quote]I’m not predicting the end of the world. Just that it is naive to think that San Diego economy and real estate will be immune to the defense cuts. The number of San Diego jobs that are directly or indirectly related to defense and government spending is enourmous, whether you realize it or not.
July 21, 2012 at 5:11 PM #748668ParticipantAnd I never said its was immune. However, while defense could start declining there are now other industries that will be picking up. Industries that werent here in the early 90’s like they are now. I never said we are in happy days just that the worst is past and its only going to get better in SD as a whole not worse.
The beauty is that someday we can look back and see who was right.
July 21, 2012 at 6:12 PM #748669dumbrenter
Participantsdrealtor, I hope you are right but the data says otherwise. You have been given numbers to show the influence of DoD related jobs in San Diego. Same with state/county/city jobs.
And other industries, tourists don’t just pick up in correlation to the decline in defense jobs. For all you know, they could even be positively correlated.We are close to 20 years after 1993; A whole new generation has replaced those who suffered those times, which means assuming they are not any more stupider or smarter, the chances of them repeating the same mistakes are very high.
July 21, 2012 at 6:16 PM #748671Guest[quote=sdrealtor]And I never said its was immune. However, while defense could start declining there are now other industries that will be picking up. Industries that werent here in the early 90’s like they are now. I never said we are in happy days just that the worst is past and its only going to get better in SD as a whole not worse.
The beauty is that someday we can look back and see who was right.[/quote]
Ok, what are some of those industries that you think can take up the slack of DoD? You are simply spewing happy talk as usual.
July 21, 2012 at 6:51 PM #748676bearishgurl
ParticipantSecond largest employer: County of San Diego 20,500 employees
Fourth Largest employer: City of San Diego 19,500 employees
http://www.sandiegostop10.com/Employers.aspx
I can say for certain that approx 12 years ago, the county of San Diego had a little over 27K employees and the City of San Diego had approximately 23,500 employees.
Even back then, it was a hardship keeping up with the workload when employees took vacations, were out sick or injured or were on FML.
I can’t imagine how they’re doing today with this severely reduced workforce. Are they really that much more automated in that they don’t need the former amount of employees?
My counter-service experiences in recent years tells me no. The public is now likely waiting longer for everything and the work backlogs are enormous and unrelenting, even moreso than in the past. In addition, the county population has gone up by 400-500K since then and the City population by 80-100K.
I don’t see any more cutbacks in this constellation unless the public is okay with reducing business hours of almost ALL local agencies.
July 21, 2012 at 7:45 PM #748681elzocalo2
ParticipantCity of San Diego Number of Employees: 19,500 Not quite!
FY13 budget (http://www.sandiego.gov/fm/proposed/pdf/2013/vol1/v1executivesummary.pdf) calls out for 1,059 City employees (with a1,584 reduction of since 07)…. Of course mayor wanna be DeMinor wants to replace many more with free labor
http://www.sandiego.gov/citycouncil/cd5/pdf/news/2012/sdservesplan.pdfJuly 21, 2012 at 11:24 PM #748698Guest[quote=elzocalo2]City of San Diego Number of Employees: 19,500 Not quite!
FY13 budget (http://www.sandiego.gov/fm/proposed/pdf/2013/vol1/v1executivesummary.pdf) calls out for 1,059 City employees (with a1,584 reduction of since 07)…. Of course mayor wanna be DeMinor wants to replace many more with free labor
http://www.sandiego.gov/citycouncil/cd5/pdf/news/2012/sdservesplan.pdf%5B/quote%5DWhile we are fact checking numbers, can somebody explain how UCSD has 26000 employees, that number sounds ridiculous.
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