U.S. manufacturers are leaving China behind

The Globe and Mail ^ | May. 31, 2011 | Neil Reynolds

[mkleesma]

The United States exported more goods and services in March than in any single month in its history: $172.7-billion (U.S.) worth. It was the country’s 21st consecutive month of rising exports, pushing the year-over-year increase to 20.9 per cent. In these 12 record-setting months, exports reached within one-tenth of 1 per cent of $2-trillion – more than four times the cost of the country’s imports of crude oil. This is significant. People are starting to take notice. Markets writer Joseph Lazzaro (on the Daily Finance website) anticipates that the U.S. up-trend in exports could last for years and turn its intractable trade deficit into a surplus. More dramatically, Boston Consulting Group (BCG), a global management consulting firm, discerns “a renaissance” in manufacturing that will, within five years, lure major U.S. corporations to return home from China.

[hedgetrimmer]

What ‘corporate’ tax rates? GE didn’t pay a cent last year, same for many transnational corporations, that use the US taxpayer to subsidize their overseas operations.

[Lazlo in PA]

What other American companies didn’t pay taxes last year?

[1rudeboy]

census.gov has the figures, if you are interested

[familyop]

[familyop stand outside of Mistah Dwagnet's window and yell,] "Big, lucky Ping to Mistah Dwagnet!"

I have a great idea. Let's cut through the red tape and have our corporate-government sell all of our US states with oil, shale, iron, uranium, trees, agriculture and water to wonderful, free, conservative, capitalist Chinese companies. That way, we don't have to pretend to be manufacturing all of those things or news stories about them.

[max americana]

>We have some folks on this website who believe raising your prices by 100% will solve the problem, <

seriously?? Not exactly surprising. “Some” freepers even have accepted faggots even though Jim Rob had stated on many occasions this is a heterosexual forum.