[georgia2006]

""I personally know people who haven't had a raise in five to ten years""

then they need to get a new job in a new field.


"We have sent production off shore"

that isnt true. Industrial production in the US is higher now than it has ever been. and Guess what, next month it will be higher still. Of course all the foreign plants here dont count to the PRC/Buchanan brigade....Hyundai setting up a plant in Georgia is seen as weakness by the populists.

[DoughtyOne]

From January 2001 to January 2006 the US economy lost 2.9 million manufacturing jobs. The promised replacement jobs—"new economy" high-tech knowledge jobs—have failed to materialize.

Let me know if you need any more help.

[DoughtyOne]

"I personally know people who haven't had a raise in five to ten years"

Then they need to get a new job in a new field.

So you don't think we need any hospital employees in this nation any longer. Well, that's an interesting take.

[CowboyJay]

"that isnt true. Industrial production in the US is higher now than it has ever been. and Guess what, next month it will be higher still."

Productivity has gone up. Our percentage of world production, however is going down.

[Paul Ross]

We have sent production offshore.

That isn't true....

Check out the actual nature of our trade 'relationship' here:

Yvonne Smith, the communications director at the Port of Long Beach, literally sees the imbalance in U.S.-China trade. She reports that through Long Beach alone, the U.S. is importing $36 billion in goods yearly from China and exporting just $3 billion. By her account, the mix of products is very unfavorable to the U.S.

"We export cotton, we import clothing," Smith reports. "We export hides, we bring in shoes. We export scrap metal. We bring back machinery. We're exporting waste paper, we bring back cardboard boxes with products inside them."

Overall, the U.S. trade deficit with China reached a record $124 billion dollars in 2003 and the figure is headed even higher this year. Today, U.S. imports from China outpace U.S. exports to China by more than five to one, and the deficit shows no signs of abating.

These deficits are much larger than the trade deficits that the United States experienced in the 1980s and 1990s with Asian trading partners such as Japan. Put in historical perspective, America's current trade deficit with China is roughly double what it was at its height with Japan in the mid-1980s, when trade frictions between the U.S. and Japan led Sen. Lloyd Bentsen (D-Texas) to famously declare on the floor of the U.S. Senate: "We're in a trade war, and we're losing it."

This was written 3 years ago...and the trade deficit with China is another 40% larger still today...

Industrial production in the US is higher now than it has ever been. and Guess what, next month it will be higher still

We are losing core industries, critical to the foundations of the industrial pyramid. Senator Voinovich's hearings were dispositive on this.