[jd777]

As the Derivative Crisis unfolds, . I think its important for conservatives to challenge the post industrial society myth that "we don't produce anything anymore"... Except Financial Derivatives, right?

WRONG!

The U.S. is the world's largest manufacturer (not China)

From wikipedia:

Manufacturing USA is the leading manufacturer in the world with a 2007 industrial output of US$2,696,880 millions. Main industries are petroleum, steel, motor vehicles, aerospace, telecommunications, chemicals, electronics, food processing, consumer goods, lumber, mining.

[familyop]

Revised Forecast Advances Date of China Becoming the Preeminent Global Manufacturer
Global Insight ^ | 12AUG08 | Prem Premakumar

12 Aug 08

"Rapid growth in certain manufacturing segments will help China overtake the United States as the world's leading manufacturer within a decade."

[familyop]

China to overtake US as largest manufacturer

By Peter Marsh in London

Financial Times
Published: August 10 2008 22:37 | Last updated: August 10 2008 22:37

Excerpt:
"China is set to overtake the US next year as the world’s largest producer of manufactured goods, four years earlier than expected, as a result of the rapidly weakening US economy."