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To: LoneClone who wrote (82574)	4/5/2007 3:48:05 PM
From: CommanderCricket	Read Replies (2) \| Respond to of 206321

That is bullshit. We are getting to point that labor is such a small percentage of total cost. More important are available land, commodities, location of customer and an educated workforce. Look at auto manufacturing. Why do they spend billions to manufacture in the US? Guess what - we will do better than most. Michael Good point about the loss of manufacturing jobs in China. Automation is putting many back out on the street.

To: LoneClone who wrote (82574)	4/5/2007 4:03:16 PM
From: profile_14	Respond to of 206321

Free trade leads to the normalization of world wide income, pure and simple. Ours goes down and everyone else's goes up. If it is cheaper overseas, it will find a way to get there IMO.

To: LoneClone who wrote (82574)	4/5/2007 4:13:50 PM
From: Condor	Read Replies (1) \| Respond to of 206321

two posts behind this one relates this quote. ""Adam Smith said that no government had ever repaid its debts and the same can be said of the private sector. " I know the Cdn gov't. is alone in the G-8 paying down debt year after year. Do you have anything on that or charts and comparisons perhaps with the others in the G-8? C

To: LoneClone who wrote (82574)	4/5/2007 7:33:42 PM
From: Sweet Ol	Read Replies (1) \| Respond to of 206321

*I have heard mainstream economists lately arguing that there will be almost no manufacturing jobs left in Canada or the US by 2020.* Three factors will have a big influences on this in the future. 1. The US government is devaluing the $, making imports more expensive and exports more competitive. 2. The living standard is improving in China and other 3rd world manufacturing nations and this will increase their costs. 3. As energy become more expensive the costs of transportation will go way up, thereby giving the advantage to those who are close to market and/or close to raw materials. This will all take time, but the trend is already showing. Best to all, JRH

To: LoneClone who wrote (82574)	4/5/2007 9:24:44 PM
From: Cogito Ergo Sum	Read Replies (1) \| Respond to of 206321

Yes 11,100 jobs lost this report in manufacturing. Although new jobs were 5 times expectations and 55% full time. resistance to a stronger loonie... bloomberg.com ``The Bank of Canada should resist the calls from Bay Street traders to raise interest rates,' said Ken Georgetti, president of the Canadian Labour Congress, which represents 3.2 million union workers. Bay Street is the center of Toronto's financial district. Higher interest rates would boost the Canadian dollar and exacerbate a move to low-paying jobs from higher-paying industrial work, Georgetti said today in a statement from Ottawa. Georgetti met Prime Minister Stephen Harper last week to urge him to support ``a strong manufacturing sector.' Anyway not much movement in my main patch plays Connacher and Petrobank. Al