It says in part:
"Since January 2001, a three-year period during which the economy has experienced one year of recession and two years of recovery, the U.S. economy has lost 2.6 percent of its private-sector jobs. These losses are not evenly distributed. Construction employment has declined by only 0.1 percent, and employment in oil and gas extraction by 0.7 percent.
Employment declines in manufacturing and knowledge jobs, however, have been dramatic.
Tables prepared by Charles McMillion of MBG Information Services from government data show employment in
primary metals down 24 percent;
machinery 21.6 percent;
computer and peripheral equipment 28 percent;
communications equipment 38.8 percent;
semiconductors and electronic components 37 percent;
electrical equipment and appliances 22.8 percent;
textile mills 34.1 percent;
apparel 37.3 percent;
chemicals 8.3 percent;
plastics and rubber products 13.8 percent;
Internet publishing and broadcast 40 percent;
telecommunications 19.4 percent;
ISPs, search portals, data processing 22.6 percent;
securities, commodity, investments 6.8 percent;
computer systems design and related 17 percent."
Please note that many of the industries listed are not Silicon Valley industries. Not much primary metals, textiles, apparel, plastics or rubber work in this area.
I continue to be astonished by your steadfast unremitting unwillingness to observe your surrounding reality.
I read your profile up to the point that you said you were a “a hard core card carrying member of the Libertarian Party”. Please, if there is anything that should define a Libertarian it’s free trade. I’ve heard that Libertarian politics are intrinsically unstable and free to morph into anything fashioned by their emotions. But I’ve never seen such a profound example as this today.
That profile was written quite some time ago. You may be incapable of adapting to new environments, that doesn't mean I have to be.
Frankly I'm not surprised you stopped reading my profile in the first paragraph. It seems a pattern for you to only go as deep into any subject as it takes to find a single data point that supports your preconceived prejudices.
Sad.
- Internet down 40%? Remember the phase Internet bubble? Or did we outsource 40% of the Internet?
- Communications and semiconductors up 38%”? Same thing, bubble. They were probably up 38% in the 3 years prior to the bubble bursting.
- Apparel 37 percent? You really think that we should protect apparel workers? Is the US a place for apparel workers? Is New York City a place for farming?
"Frankly I'm not surprised you stopped reading my profile in the first paragraph. It seems a pattern for you to only go as deep into any subject as it takes to find a single data point that supports your preconceived prejudices."
One word” “projection”. I need to move on.