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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (28240)	9/8/2006 3:20:03 PM
From: neolib	Read Replies (1) \| Respond to of 542213

That's a question but not a very relevant one to the issue of has manufacturing declined in the US. If we produce more our manufacturing has not declined, esp. since we produce more not just in absolute terms but in per capita terms. Suppose that foreigners are steadily purchasing US real estate, ie we are losing acres to them, BUT, the price of real estate continues to climb, such that the absolute inflation adjusted value of American owned real estate in American continued to rise. You'd claim we were not "losing" real estate, since the value "was increasing not just in absolute terms but in per capita terms". I'd say we were losing real estate. Same misunderstanding applies above. Nothing more to say.