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Politics : Formerly About Advanced Micro Devices
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To: TimF who wrote (349744)9/5/2007 2:16:00 PM
From: TimF  Read Replies (3) of 1574005
 
The blog post that comment replied to is also worth reading -

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"...The United States makes more manufactured goods today than at any time in history, as measured by the dollar value of production adjusted for inflation -- three times as much as in the mid-1950s, the supposed heyday of American industry. Between 1977 and 2005, the value of American manufacturing swelled from $1.3 trillion to an all-time record $4.5 trillion, according to the Bureau of Economic Analysis.

With less than 5 percent of the world's population, the United States is responsible for almost one-fourth of global manufacturing, a share that has changed little in decades. The United States is the largest manufacturing economy by far. Japan, the only serious rival for that title, has been losing ground. China has been growing but represents only about one-tenth of world manufacturing..."

reason.com
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