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If we didn't, all the jobs that could be lost would be gone already.

Wrong. There is obviously an element of 'friction' in the pace of economic dislocation as the capital is re-routed to the newly-discovered opportunity. I.e., the collapse of U.S. employment and capital protections (due to the subversive perversion of the NAFTA treaty, followed by the even more disastrous WTO agreement by Comrade Xlinton overriding our national trade sovereignty), simultaneous with the relatively sudden interest and ability of the great pools of drastically-underpaid labor (China and India) to seek to exploit that capital influx.

This is THE paradigm shift of our times for modern U.S. management. Hence, It is a done deal. Those jobs ARE gone already. In the words of Hollywood: You just don't know you're dead already. The body just hasn't had time to cool yet.

E.g., Another 14 million service jobs are slated to go in less than 6 years. And as the manufacturing expertise of the Chinese 'partners' equals ours then no U.S. manufacturing will be able to resist the black-hole of Chinese wages. If the U.S. dollar didn't collapse first, EVERYthing will 'have' to be made in China.

All that will remain in the U.S. will be government jobs and necessarily local employment...construction, maintenance and service fields (Grocery, Gas Station, and other stores). All manufactures and all relocatable productive activities will be relocated to China. You just continue to refuse to see the National Security elements in trade...which Adam Smith expressly made an over-riding caveat to 'the unseen-hand' in his 'Wealth of Nations'.

261 - "E.g., Another 14 million service jobs are slated to go in less than 6 years. And as the manufacturing expertise of the Chinese 'partners' equals ours then no U.S. manufacturing will be able to resist the black-hole of Chinese wages. If the U.S. dollar didn't collapse first, EVERYthing will 'have' to be made in China.

All that will remain in the U.S. will be government jobs and necessarily local employment...construction, maintenance and service fields (Grocery, Gas Station, and other stores). All manufactures and all relocatable productive activities will be relocated to China. "

I look for the collapse of the system around 2010.

The what do you propose we do? Tax the heck out of those companies that move? Revoke NAFTA and the WTO? Because if you do, you'll create more of a "National Security issue" than it is today. With your long very informative reply, I wouldn't think someone like yourself would fall for that blanket excuse of National Security.

One more thing.....since you researched how many jobs are expected to go, did you bother to research how many jobs are being created or the net change in new businesses? I haven't found those figures myself and from what I see in daily life here and other states, most towns and cities are growing exponentially, including lots of new jobs.