That might be some statistic touted by the liberal media . But that stat is in inflated, overvalued dollars.China undervalues its currency at least by a factor of 20 times.
As I showed China produces 8 times the steel (in tons).http://en.wikipedia.org/wiki/List_of_countries_by_steel_production But if you show it in dollars the U.S. might produce more in dollars as China does in its currency.
Jobs in U.S. manufacturing are decreasing at exponential rate( look at a graph of manufacturing jobs as a percentage of population now only around 3% of population.No , our productivity is not increasing at this rate even with inflation, much as the liberal media loves to say). But our debt and imports are increasing at exponential rate. That is not sustainable. The only way to prosper is to produce not to borrow to pay for imports. In the U.S. only 3.8% of population are manufacturing jobs and that is rapidly declining http://www.manufacturingnews.com/news/09/1215/Chinamanufacturingjobs.html. That is not producing more than anyone.What we are producing is debt and printing money . the Obama democrat is destroying America..
The liberal media and socialists want to destroy the U.S. They are doing it with free trade and illegals.
China produces much more than the U.S. even now it produces almost 50% of the world's steel. This is an excerpt from an article not from me:
http://www.manufacturingnews.com/news/09/1215/Chinamanufacturingjobs.html
China Adds Almost As Many Manufacturing Jobs As Exist In The United States
While the United States was losing millions of manufacturing jobs over the past decade, China was gaining many millions more. China's manufacturing employment increased by 10 percent in four years, from 100.9 million workers in 2002 to 112 million in 2006, according to the U.S. Bureau of Labor Statistics (BLS). The increase was almost equal to the total number of Americans working in the U.S. manufacturing sector (14 million at the end of 2006, declining to 11.6 million in November, 2009). China has 100 million more people working in its manufacturing sector than does the United States.
The massive growth in manufacturing employment in China counters a myth propagated in America's economic circles that China's manufacturing employment is declining, just as it is in America.
Yet the number of manufacturing workers in China is equal to 33 percent of the U.S. population. By comparison, the 11.7 million U.S. manufacturing workers at the end of November represented an order of magnitude less — 3.8 percent of the U.S. population.
OMG! You're confused.
look at a graph of manufacturing jobs as a percentage of population now only around 3% of population.
That few workers making so much stuff? Wow! How many Chinese work to make their stuff? Must be a lot more. Somewhere I heard 100 million Chinese, but the source is very (incredibly unbelievably) unreliable.