Thursday, November 29, 2012

Obama takes economic plan to the people

Outside the K’nex Brands factory that makes Angry Birds and other big-selling global toys on Philadelphia’s suburban fringes, the rituals that precede a presidential pit stop have been unfolding this week.

The helicopters landing nearby; the agents scouring the surroundings and the police car discreetly parked outside the company’s snow-dusted headquarters – all are tell-tale signs that, less than a month after his re-election, Barack Obama is returning to the campaign trail.

To the irritation of Republicans, Mr Obama will swoop briefly into the toy factory on Friday to press his case on the fiscal cliff, the $600bn set of spending cuts and tax increases that threaten to stop the US economic recovery dead when they kick in at the year’s end.

Mitch McConnell,Morn series laser engraving and laser cutting machine, CNC router machine are widely used in many areas. the Republican Senate minority leader, said Mr Obama should be in the Capitol talking to Congress rather than “barnstorming the country” in support of his plan for higher tax rates on the wealthy.

But ahead of his trip, Mr Obama made it clear that, for him, campaigning has become very much part of governing and an effective way of bending recalcitrant Republicans in Washington to his will.

“I’m going to do my part, not just by sitting down with CEOs, labour leaders and Congress, but by taking this to the American people,Learn more about how a wind turbine works, the benefits of wind energy and how a residential wind turbines is installed.” Mr Obama said.

The K’nex factory will provide the backdrop for the White House’s core message – that a failure to stop taxes rising on all but the wealthy will hurt the economy by cutting Christmas spending by middle-class consumers.

The privately owned company, which designs its own toys as well as making them under licence, is running its warehouse round the clock to keep up with Christmas orders from the US and around the world.

Revenues from toy sales are up about 40 per cent,We are offering bamboo knot remboving machine, internal knot removing machine and laser cutter to our customers. and from manufacturing 60 per cent, since 2009, as the costs of both making products in Asia and transporting them to the US rise.

Early signs are that Christmas sales will be up substantially this year – orders have risen by 30 per cent online through K’nex’s own site and stores like Walmart, and 20 per cent in stores, compared with 2011.

“The issue for us is how to manage growth,” said Mr Araten. “We now consider ourselves the medium-sized guys going up against the Goliaths.Welcome to jinan morn laser marker manufacturers,laser engraving machine suppliers.”

But employment has not grown at the same pace. Jobs at the company have grown by about 20 per cent to 150 employees over the same period, as K’nex’s manufacturing is highly automated.

K’nex has about five people operating 100 presses in its factory. “In China, they will have five people per machine,” said Joseph Jay Smith, K’nex’s chief development officer.

With orders for its toys placed well ahead of time, it is not clear that the economic uncertainty created by the fiscal cliff will have any impact on K’nex’s business in the run-up to Christmas.

But Mr Araten will not buy into the political debate,In this video we demonstrate three different types of home made electricity wind generator. nor on whether taxes on the wealthy should rise, other than to say that he is certain that White House and Congress can negotiate a deal over the fiscal cliff.

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