you ignore the entire structural change to US mfg
and therefore miss the entire remedy process of US$
you cannot rely on old data in a world economy that no longer exists
I cannot understand your ENTIRE line of reasoning
it is like applying Christian values inside Iraq
two different worlds
1985 is like a previous century, since in the following 19 years, whatever remained of US mfg base has been systemically dismantled, removed, abandoned
in just the last five years, after China Most Favored Nation granted status, and broadband benefits of service outsource to India, the world has changed another quantum leap
to a place totally unrecognizable to the years you cite
get off past history, totally irrelevant
except for how much the US$ must decline in order to begin to encourage return of mfg base to USA
instead, my argument focused on 2000 to today
which you continue to ignore
it is best to focus only on 2002 to today
when outsourcing got into higher gear
numerous household appliance makers inside the USA moved operations to China
are you telling me that 1985 and 1992 with certain DXY values means a fuching thing?
air conditioners, fridges, stoves wont come back because the DXY moves to 80
what do you know?
on currency adjustment and trade gap resolution, dont make me answer
you miss that the central structural equation has changed
not a little, but totally
you cannot seem to come to grips with the simple notion that in the last year, the trade gap has expanded while the DXY has declined 10% versus jyen and 10% versus euro
you continue to avoid even an attempt to address this
anybody home?
THE USA HAS NO MFG BASE ANYMORE
the major component of our mfg base is electrical utility generation and pharmaceuticals
soon, fast food will enjoy reclassification to mfg
this is no joke
do me a favor
if you reply to this, address the last two years
or drop it
1985 and 1992 might have just as well been in the 18th century
/ jim |
