[Senator John Blutarski]

Exactly so. There is so much in the way of myth and “myth-understanding” in play here, it’s mind-boggling.

As for out textile industry ... well, Asia may be the textile giant TODAY, but as for all those deserted and shuttered textile mills that dot the New England landscape - all those firms re-located to the American South in the 1970’s and 1980’s. Why? Reduced tax burden and lower labor costs.

[ClearCase_guy]

I agree. I am not aware of a book that covers it, but I think a fascinating story could be told of the great textile mills of the UK -- and how they were replaced by the great textile mills of New England -- which were supplanted by the great textile mills of the American South -- which were supplanted by the great textile mills of Asia.

The story can be told through many industries (New England used to make a great many shoes, as well).

A good economist should be able to clearly lay out the reasons why an industry rises and falls in one area, only to rise up again in a different area. Perhaps the blind could be made to see.

[RaceBannon]

those jobs STAYED IN AMERICA, that is the difference!