5 dying and 5 thriving industries

Some businesses escaped from the Great Recession on a boom. Others are struggling to stay afloat.

 of 11
 of 11


Dec 3, 2013 10:04AM
The top five, fantasy sports, social networking websites, furniture websites,  e-book publishers, and online payment processing?  Oh yeah, those will provide good jobs for millions of Americans.  What rubbish.  So we lost millions of good manufacturing jobs, who needs them?  Oh, and the best thing about a fully digital existence in the cloud; it can all be lost in an instant.  We don't need no stinking tape, disk, or offline backup.  We are zooming down the road to ruin, with the throttle wide open.
Dec 3, 2013 1:25AM
I wish the 5 dying was the gov. The people we put in office are just the worst. But before they get in office all the lies
Dec 3, 2013 1:33AM

I used to repair a LOT of discarded Whirlpool washers and dryers made in the 70's/80's, when repairs were really easy to do?  Dryers?  Usually new drum rollers, to eliminate the 'thumping' sound.  Washers?  Usually the flexible hub between the motor and transmission.  Or a new water valve, to replace one clogged up with grit from dirty water?  Sears used to sell the same machines as Kenmore.  The average repair at my cost was under $15 for parts?

I had a shelf full of heating elements from dryers that were 'too far gone to fix', as well as used but good drum rollers, washer motors etc. We re-sold these reconditioned machines for about $150 each, and they were as good as new! 

One thing I really liked was that Whirlpool washers and dryers were easy to service?  I could remove the case on a washer, and with a jumper-wire, run the washer with the case removed while doing service?  Dryers?  Pop the top, remove 2 screws, remove the front panel, remove the drum to get access to the drum rollers.  Put the drum back in, install the drum belt and close it up.

No electronics other than a mechanical timer.  Dependable and easy to service. 

Now, everything has to have an electronic panel.  Just try finding a microwave oven with mechanical timers?  One power-line surge, and it's cheaper to throw the old one away and buy a new one! 

I still am using a matched pair of Whirlpool washer/dryer that I fixed about 1998.  I liked them so much, I took them home.  I replaced the washer drive hub once.  I replaced the dryer rollers about 2 years ago, and cleaned all the lint out of the ducts while doing it.  These units are about 30 years old now, but still work like new.  And even look like new!  Why would I want a new pair that won't last?

FIX what you have!  It is going to usually be cheaper than buying new, especially if what you have in a washer/dryer is an older Whirlpool or Kenmore.  Labor will cost more than parts.  But, it's still cheaper than buying something new? 

Be careful with the service you select, however!  Most will try selling you a new unit.  They will take your old unit in trade?  Then fix it for next to nothing, and sell it at a huge profit! 

Dec 3, 2013 1:23AM
As a musician/producer/engineer..we are CONSTANTLY putting things on disc to listen/check mixes on and for easy transport to play in different systems. So convenient still! And I love my paper books...ebooks..no thanks 
Dec 3, 2013 1:57AM

Dah, isn't SIMPLE to use better than having to dig the manual out, to PROGRAM the digital timer?

Old washers?  Select the temperature for the wash, then dial the cycle.  Dryers?  Select the dryer temperature, then how long to run?  Easy to use.

Dec 3, 2013 12:01PM
The new technology is not very user friendly if you ask me.  I am vision impaired and all the touch pad, touch screens, smooth surface controls are useless.  Give me a knob to turn and I can not only set any appliance by touch, but I can repair many of them as well.  Last year my kids got me a new dish washer that has raised buttons.  I have learned the positions of the buttons I need to run the washer, so I can at least do the dishes.  The range is gas, so I can use the range top burners.  However, the oven is all touch pad operated with LCD screen which I cannot see.  The old appliances with knobs I could adjust by the position of the knob.  Now I'm clueless as to how or what to set - or, even where to touch the thing.  The washer/dryer are the same way.  I used to be able to turn knobs to a usual setting and do laundry.  Now, you have to press a spot on a flat panel, wait for a command to show up on the screen and then activate it somehow.  I haven't done a load of closes in eight years (that's when we retired the old for the new.)

I think it would be very easy to design and manufacture durable appliances that were easy to operate and easy to repair.  BUT, that would not serve the industry's desire to justify higher prices, and fancy features to draw the techno-glutens.  Hey, I'm waiting for appliances with blue-tooth technology so all I have to do is speak commands to control the device.  But then, I'll probably want to wash a load of clothes and turn on the oven instead - how would I know?  I don't know or speak Spanish!!!

My advice to the industries?  KISS - Keep It Simple, Stupid!!!  For crying out loud, just how many ways is there to wash a pair of dirty underwear?

Dec 3, 2013 1:44PM

America is now and always has been, governed by BIG BUSINESS interests.


There is NO LEFT there is NO RIGHT - to create division within the people keeps them busy and distracted - fighting amongst themselves.


There is now, and only has ever been THE TOP and the rest, at THE BOTTOM.

Dec 3, 2013 4:17PM
I'm 70, I often wonder what kind of world my grandchildren will be growing up in other than it will be their world.

The article did mention newspaper which is part of the printing industry. I have been in the general printing industry for forty years and over the last decade, I have been watching the industry die a slow death with technology replacing paper.  I have down sized twice and just riding it down till retirement. Even I do not send out  invoices in envelopes, all billing is done on computer and I pay vendors on line. All my banking is on line. I receive little amounts of mail on a daily basis and that is just junk mail. I leave the new world to the young and good luck.
Dec 6, 2013 8:29AM
Yes when I was a kid our furnace never was replaced and the thermocouple went bad and the motor  but both were simple and cheap fixes anyone could perform with advice from the neighborhood hardware store who stocked the motor and the thermocouple!
Well in 1978 in the guise of going green, pilot lights that were standing pilots,
meaning they were on all the time, just as as our water heaters still operate today.(reliably)
were outlawed for sale, they added extra heat exchanger to extract more heat however in doing so lost the ability to naturally draft the combustion gasses to the outdoors, so they added a draft inducer blower . This then required proving devices telling the circuit board to go ahead with electronic ignition, well each item is about $400-$800 and go out every 4 to 7 years average, circuit board, ignition module, ignitors, limits time delays etc etc  all fragile and expensive  and requires servicing or clog and quit running!  costing thousands to us who used to have a furnace forever .
Old furnaces were 80%, newer ones are %80 to 97% the savings just is never there, just a new DC fan motor is $1400!  and they used to use $55 AC motors!
Dec 3, 2013 8:02AM

"2008 I purchased a new home and purchased all new electronic smart appliances made by Whirlpool, GE and Amana, washer and dryer both broke so many times (electronic boards and such) that I finally threw the dryer in the trash in 2012"

The underlying corruption here is-- the selling of after-sale warranties has become such a huge and lucrative business that these products are engineered to fail. The bigger they are, the more corrupt they are.  

Dec 6, 2013 8:40AM
Anyone who buys a sofa, chair or mattress without test driving gets what they deserve. Companies like Ashley, which sacrifice quality, comfort and durability for volume will not last. I would rather spend $3000 on a great sofa every 20 years than $300 for 10 sofas that were crap. Just goes to show what the bombardment of  advertising has produced: idiot consumers.
Dec 6, 2013 12:09PM
One of the casualties of Bill Clinton’s NAFTA, 

So the reason why businesses went to to other countries wasn't to get away with paying low wages to make their product, so that investors could get a bigger return, more profits?!?!?!?!
I mean people who lost their jobs due to NAFTA I could see being upset, but the Business community didn't seem to have a problem with taking their operations elsewhere.

Dec 3, 2013 10:57AM
It used to be that "made in America" meant something.  People were proud of the work they did.  Now, it's more and more "the computer said" than anything else.  I had a beautiful fridge from Amana that I loved for the few years I owned it, it broke down just before Thanksgiving one year.  When the repairman came to look at it, he said it was the compressor and for $600.00 he would replace it.  I then asked him what the best brand for fridges are.  He said that they are basically made by a very few companies and that next year, because of the new energy standards, the compressors would be warranties 1 year instead of 5.  So went and bought the cheapest fridge I could find.  I hate the thing but it is 9 years old and still going.  Wonder if it was an aberration or just lucky.
Dec 3, 2013 1:00AM

5 dying and 5 thriving all surround technology and the growth in technology. Americans must change with these technologies through education and innovation or serve the rest of the world.

Dec 6, 2013 11:14AM
I got a new GE Profile washer and dryer.  The dryer worked but most additional special settings did not.  No matter how many times the repairman came out,  it still didn't work right.
The washer flooded the house badly three times,  requiring tear-out water restoration repairs including the kitchen and baths totaling 44,000 in costs,  some of which I had to pay as deductible.
My house will never be the same.  It's a patchwork mess let out to the lowest bidders.
GE refused to take the appliances back,  just repair them poorly each time.
I threw them out at the dump (less that one year old),  and I will NEVER buy another GE,  or any American appliance again.
LG for me.

Dec 6, 2013 12:25PM
People ought to really understand cloud computing and why software companies and Hollywood have been foaming at the mouth over it.  The idea about the "cloud" started many years ago due the insatiable greed of software developers and the movie industry.  It has nothing to do with the disc manufacturing and the costs involved.  It has everything to do with control.  Buy in to your cloud nonsense all you want, but don't cry about it when one day you realize that you can't log in to your computer any longer, or type a word document, without paying for a monthly subscription.  And now, for everything we currently know about online "snooping", are you still comfortable with sending your data to some faceless entity? 
Dec 3, 2013 6:25PM
I wouldn't have believed that, but look at News Papers... They are slowly going away...
Dec 12, 2013 1:56PM
5.7 MILLION jobs lost 2010-2012?
That's the kind of Hope and Change that all of the union-card carrying, Obama-voting registered Democrats didn't expect, but deserve.
Dec 6, 2013 12:09PM

Buying quality is the best way to get your money worth. Most of my appliances are more than 10 years old and didn't call the repairman yet.

Dec 8, 2013 1:02PM
So what happens?  What happens when China says "we're not selling to you any longer, or we're not making it for you any longer"?  That is, of course, unless you pay what we want.  Are you going to think about the $2 you saved by buying an imported item?  Are you going to realize that we paid them to do this to us?

Tell the CEOs of our nations companies that we have the talent and resources to do this ourselves.  Talk yourself into looking at labels and actually comparing prices.  
Please help us to maintain a healthy and vibrant community by reporting any illegal or inappropriate behavior. If you believe a message violates theCode of Conductplease use this form to notify the moderators. They will investigate your report and take appropriate action. If necessary, they report all illegal activity to the proper authorities.
100 character limit
Are you sure you want to delete this comment?


Copyright © 2014 Microsoft. All rights reserved.

Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.

Trending NOW

What’s this?


Apple has a new entry in the cell phone wars. But how often do you buy a new phone?

Thanks for being one of the first people to vote. Results will be available soon. Check for results

    4 %
    As soon as one comes out. I'm an early adopter.
    342 votes
    2 %
    Every year. I need to keep up.
    273 votes
    53 %
    Every two to three years, when my contract allows.
    4,987 votes
    41 %
    If it's not broken, who needs a new phone?
    3,840 votes

Total Responses: 9,442
Not scientifically valid. Results are updated every minute.