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Fundamental weakness of the US export sector? You mean the export sector that is the largest export sector in the world? The sector that exported $1.15 trillion of goods and services in 2004? Versus China's $593 billion in exports? So China's exports make them a rampaging powerhouse while our exports (nearly double China's) mean we're fundamentally weak?

You continue to manifest ignorance about what China actually is, as well as your usual knee-jerk trade misrepresentations. How much of the U.S. export is one-way, one time tansfers of technology and know-how? And how much is "round-robin" exports of parts to be assembled and merged with foreign components abroad to be reimported? And of our "exports" how much do they now also depend on imported parts?

We can't know that our export sector is really doing well at all so long as these substitutionary practices are comparatively unmeasured, although anecdotal evidence indicates they are now huge factors, and the slide of the dollar, (only now temporarily arrested by the EU snafu), is highly suggestive.

The overall measures published show that U.S. imports are exceeding our exports by $620 billion. The approximately two-to-one gap is often waved away as inconsequential by apologists for the inordinate importation.

But the disparate impact of the new and increased Chinese imports to our market are particularly damaging because of their being increasingly upgraded, and the retargetting from the low-end upwards to our own remaining exportable industrial products cxategories, and also because of their ability as a communist country to play our own free markets and citizens into supportive tools for abetting their own select agenda.

You continue to manifest ignorance about what China actually is, as well as your usual knee-jerk trade misrepresentations.

It sounds like China is the place for cheap labor.

And how much is "round-robin" exports of parts to be assembled and merged with foreign components abroad to be reimported?

Thanks for the link!!!

According to Commerce Department numbers, much of what the United States exports to China are machines and machine parts, especially computer components and integrated circuits. Chinese companies assemble the parts into computers, televisions, telephones, toys and other office machines and consumer electronics and ship those back to the United States as well as to third countries.

Thanks for making my point for me. We export high value added goods like integrated circuits and some low skilled low paid Chinese worker clicks the pieces together and turns then into toys and phones. Yeah, we really need to get those jobs back. Never mind the high tech parts we're making here. LOL!

Wow, inordinate importation!! You mean we're buying lotsa stuff? Egghead!