I do not know how to state it any other way but I'll try:
Arguing that China too has eliminated inefficient operations thus they have gone (are going) through the same process as we is B.S.
They could not possibly have done (be doing) so. They are simply eliminating worthless Communist-style people's "enterprises" by the thousands until revolution became a real threat.
Meanwhile they are joining the real world with state of the art western technology purchased mostly by our useful idiots' FDI. Red China is getting a lot of our manufacturing sector. We are sending technology, wealth and jobs to them.
Some brush aside the fact that American jobs are being transferred to Red China.
"How can that be so?" they ask. "Look China cut millions of manufacturing jobs, we can't be sending our jobs there, they don't need them."
Red China is in a kind of transition. It is NOT the same as free enterprise advancements in a free nation. There, I said it another way.
But glad you pointed out that "During that same period (1994 and 2000), U.S. manufacturing output rose by 40 percent"
That's another argument some use such as CATO's Reynolds. How can we be losing jobs to China if manufacturing's portion of GDP has remained basically unchanged for decades? he asked. Productivity increases explain the job losses.
Magic is a better explanation. The Clinton's numbers keepers introduced hedonics. See post #71 (not mine). I am desperately looking for someone who can prove that the manufacturing portion of the GDP is NOT grossly overstated by hedonics. Thanks.
Never said China was like a free nation.
Red China is getting a lot of our manufacturing sector. We are sending technology, wealth and jobs to them.
How many jobs are we sending them? And how many jobs are destroyed by our increase in productivity?
See post #71 (not mine).
You're referencing a Havoc post? That's funny!! I could go on for hours about the misconceptions Havoc labors (hehe) under, but someone who has been here as long as you have should already be aware of them.
I am desperately looking for someone who can prove that the manufacturing portion of the GDP is NOT grossly overstated by hedonics. Thanks.
If I can stop laughing long enough, I'll see what I can do.