Posted on 01/02/2006 4:19:44 AM PST by ventana
One source I linked to in post #640 claimed U.S. manufacturing output rose by 40 percent between 1994 and 2000. The other, Manufacturing Myths says "Yet the National Association of Manufacturers' Web site shows that "manufacturing's share of the U.S. economy, as measured by real GDP, has been stable since the late 1940s.... The overall share remains the same over the business cycle." If real GDP has increased that means they claim that manufacturing has also increased. And in case you forgot, "real" means adjusted for inflation.
If you can find a source, less than 10,000 words would be nice, that claims otherwise, please feel free to link to it.
If the hedonic accounting that miscounts as U.S. production, product that is in fact largely foreign made componentry, then what have you?
Interesting idea. But since GDP is only supposed to include domestic production, I'll tend to lean toward the idea that foreign made components are not involved. But, as always, I'm open to new info that you'd like to provide.
That reminds me, did you ever find your list of free traders who favor higher taxes?
Really? It's fairly evident that the NAM site was working the import lobby side of the issue, since the importers co-opted the ogranization.
Share of GDP as a measure? Get "real". Let's look at real numbers. Then we can tell if they and you're dealing with 'real GDP'.
Hedonics represents a given evidence, admitted via Greenspan no less, that our GDP numbers don't carefully extract the foreign componentry from U.S. claims of production.
And furthermore, your own economagic web site's absolute numbers disproved you. So it is clear that real production was at best static, or more likely declined outright after adjusting for inflation...ie..making the numbers 'real', and as a percentage of GDP...if it was, in fact, "stable" there...the conclusion is profoundly more credible that the GDP numbers are not 'real' either.
You are the tax. Don't be repetitiously taxing.
Sounds good. The chart I posted didn't say if it was adjusted for inflation or not.
And furthermore, your own economagic web site's absolute numbers disproved you.
No it didn't.
So it is clear that real production was at best static, or more likely declined outright after adjusting for inflation...ie..making the numbers 'real', and as a percentage of GDP...if it was, in fact, "stable" there...the conclusion is profoundly more credible that the GDP numbers are not 'real' either.
Great, now all you need is a reputable source that agrees.
Yes it did. Read the site's assumptions.
You're the one trying to make the point. It's your burden of proof.
But if you want to do some research on 'reputable sources' why not try Deutsche Bank Research which 'agrees.'
Hmmm. My 401k has grown considerably since its inception in '99 and my stocks are doing pretty good as well. In addition, the Dow damn near hit 11000 yesterday. Unemployment is down to 4.9% and consumer confidence is up. Yeah, its a battered econmomy, all right...
A lot of great information. Boy, you covered just about everything.
I suppose I find nothing wrong with imputing dollar value to technology advances and then adding those "dollars" to GDP as long as Limbaugh, Tom Sullivan of Sacramento, et al. (reading CATO's Reynolds) stop comparing today's manufacturing as a percentage of GDP to the 1960s, for example.
From that they crowed "Manufacturing is not being outsourced offshore! It's all still here! Stop the whining, get a job. I'm tired of carrying you on my back!" (Sullivan even said that he'd leave the country if he was forced to carry any more whiners.) In fairness that was two years ago maybe they think differently now.
The columns you posted are mostly about Clinton funny business. I knew that there were some published back then.
RE: "Clinton Lied, U.S. Jobs Died"
You suggested that the Bush administration should have exposed the economic lies. Well, I remember an O'Reilly report (he gave it several times over several days) that Congressional Democrats met with the new president (2001) and warned him in no uncertain terms: Do not go after the Clintons for any reason.
If the likes of Daschle prevented GWB from doing what was right...well, what can we say. I suspect it was more Hillary and her ill-gotten FBI files...whose misappropriation should have been grounds for charges in and of themselves.
You can't win, if you don't fight.
And being on offense is ALWAYS better in politics than Defense.
The effort to be "bipartisan" and placate these demonrats is probably part of the seeming-diffidence. The failure to clean house of the hold-overs was just plain inexcusable however, as we saw with the resulting consequence of 9-11. Many other consequences have yet to be broadly realized by the ivory-tower types.
All that being said, simply correcting the economic lies, would not HAVE to be 'going after the Clintons' but perhaps instead, the 'bureacracy' of the previous administration.
However the history will be written, it sure looks like George W. Bush came to D.C., mistakenly bringing an olive branch, when the other side instead brought uzi's....and have been shooting them non-stop ever since.
Then when he does fight, it is the proverbial knife to the gun-fight.
Universal healthcare is not a forgone conclusion. It will be billed that way - and by those who pretend at conservatism. They will try to shove it down people's throats against their will just as they've been trying for years to shove National ID cards and a Cashless society, down America's throat for years. They're beaten and constrained every time they try it; but, they keep trying it in an attempt to wear us all down apparently.
The way things are, the treason lobby has subverted the worker end of the supply and demand equation to support their own version of patriotism ("whatever makes them richer"). Thinking it a form of passivism to keep their own necks from stretching and while trying to convince America it will be 'good for them' just like no longer retiring is now a foregone conclusion foisted upon us as a take it or leave it.. they will grow more abusive and shift this nation from Republic to Socialist regime - because it's "profitable" - the ultimate patriotism in their minds.
It will not have the desired effect.. America has been vocal on these matters. And they will not stand for it.
If the average Joe can't afford health coverage on his own. If he can't count on his employer to provide it. Then it has to come from somewhere. Places like Wal-Mart (among others) are already pushing the responsibility on to the gov't, which also picks up the tab for the poor. My guess is that it'll arrive as some kind of option of the type of healthcare the Average Joe can afford or desires.
This one: U.S. government-chartered mortgage companies Fannie Mae and Freddie Mac have foreclosed on at least 46 homes worth $4 million in the Laurel Woods neighborhood since 2002, according to an analysis of real estate data by The Sun News.
While that is a fascinating gloom and doom story from ex-Texan, last time I checked, Fannie Mae and Freddie Mac is not the same thing as the government. If you need me to explain further, please let me know.
I'm convinced that I've seen more drivel and nonsense from those with whom you are sparring than any other thread in recent memory. Nice to see you hang in there, but you'll never win. They live in a wonderful land of unicorns and leprechauns; logic and history do not apply.
Yes, gold-buggers, doom and gloomers (lots of overlap here) and protectionists are as resistant to logic as liberals. Hmmmmm......
It is truly perverse isn't it? Growing up we had no security in regards to childhood with divorce, and now we have no security since jobs are being shipped off overseas. Thank you you babybooming bastards. I hope you rot in fucking hell.
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