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To: expat_panama
Here is another chart that shows mfg as a percentage of gdp versus workers. Technology and the subsequent increases in productivity are what have cost manufacturing jobs.

Of course, there are still a lot of people that would like to use it against free trade, which has had nothing to do with it. Photobucket

2 posted on 10/05/2009 4:38:11 AM PDT by A.Hun (Common sense is no longer common.)
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To: A.Hun

GDP counts government spending as production. So lower manufacturing as a percentage of GDP is misleading since government spending has grown enormously since ‘46.


7 posted on 10/05/2009 4:46:57 AM PDT by SeeSharp
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To: A.Hun
 The report had manufacturing output it as dollar value.  The Fed's Industrial production index also shows output soaring .

Your post showed a percentage that came out level.   The BEA didn't seem to show percent output numbers, do you have a link to the numbers?

15 posted on 10/05/2009 5:05:22 AM PDT by expat_panama
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To: A.Hun
Technology and the subsequent increases in productivity are what have cost manufacturing jobs. Of course, there are still a lot of people that would like to use it against free trade, which has had nothing to do with it.

I'm sure the slave wages, no OSHA, and lax pollution controls in China had nothing to do with it, either.

The outsourcing model has failed.
44 posted on 10/05/2009 7:01:30 AM PDT by mysterio
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