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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 72.34-2.9%Nov 4 3:59 PM EST

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To: Elroy who wrote (66657)12/1/2004 10:12:34 AM
From: RetiredNow  Read Replies (1) of 77397
 
OK. Elroy. Let's just wait and see what happens. I'll tell you this, though. CNN has been running stories on the China Price for a week or so now, and I am seeing an increasing number of articles that are being written with increasing alarm at the impact that China is having on our manufacturing sector.

Do you think it is just a coincidence that this has been largely a jobless recovery and that the manufacturing sector has been hardest hit during this latest downturn? You may think so, but economists throughout the country believe that one of the major root causes is job leakage to China. That leakage is accelerating, not ameliorating.
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