Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: wonk who wrote (54296)	3/17/2008 11:37:57 PM
From: rich evans	Read Replies (1) \| Respond to of 543591

How many of these manufacturing plants in China, Vietnam, India etc are owned by US COMPANIES? What is the value add of the manufacturing compared to the design, engineering, marketing, transportation, distributing and retailing of the product done mostly in US? What happens eventually to the dollars we spend that end up overseas? How can the trade deficit have been going on for 25 years? How many jobs have been lost versus total job changes and employment increases which occur every year? Rich

To: wonk who wrote (54296)	3/17/2008 11:37:58 PM
From: rich evans	Respond to of 543591

How many of these manufacturing plants in China, Vietnam, India etc are owned by US COMPANIES? What is the value add of the manufacturing compared to the design, engineering, marketing, transportation, distributing and retailing of the product done mostly in US? What happens eventually to the dollars we spend that end up overseas? How can the trade deficit have been going on for 25 years? How many jobs have been lost versus total job changes and employment increases which occur every year? Rich

To: wonk who wrote (54296)	3/18/2008 2:29:53 PM
From: TimF	Respond to of 543591

Manufacturing going to China is NOT a myth. Manufacturing growing in China at a faster rate than its growing in the US is not a myth. Manufacturing declining in the US is a myth. Yes, the real dollar value of manufacturing has gone up. BFD. Its share of the national accounts has gone down. I'd reverse that. Its share of national accounts has gone down, BFD, its real dollar value has grown. All that the declining share of national accounts means is that non-manufacturing areas have grown faster than manufacturing. If services had collapsed while manufacturing grew at the same rate that it actually did, than its share of the US's "national account" would have grown, but that would hardly be a preferable situation. Most trade in manufactured goods should be between countries with similar per capita incomes No good reason for that to be the case. Trade with countries with different national per capita incomes also enriches both countries.