Some observers have specifically attributed recent job losses in manufacturing to a surge in the bilateral trade deficit with China. From 1992 to 2003, the trade deficit with China grew from $18.3 billion to $124.0 billion, which is larger than the deficit with any other country. However, much of the increase in imports from China reflects a shift away from imports from other Asian countries rather than an increase in total imports. In fact, while U.S. imports attributable to China increased from 5 percent in 1992 to 12 percent in 2003, the share of imports from other Pacific Rim countries declined from 34 percent to 21 percentAnother sigh:
According to United Nations data, the U.S. is still the largest manufacturing country in the world. In 2009, American manufacturing output (in real terms) was nearly $2.2 trillion. Thats about 45% larger than Chinas, at just under $1.5 trillion. (For statistical reasons, I chose to use figures that include mining and utilities as part of manufacturing.) Though China, of course, is growing very quickly, the U.S. has also maintained its global share of manufacturing, at 20% in 2009 compared to just over 22% in 1980. Whats more, American manufacturing is becoming more productive. In 2009, productivity in U.S. manufacturing increased by 7.7%, more than any other country followed by the Bureau of Labor Statistics.
Anyone who still believes the “free trade” tripe claiming America is the world’s leading manufacturer anymore, hasn’t been out of the man cave they’ve been living in to actually go into a store, in the last decade.
EVERYTHING in most stores, is made in China.
To claim US manufacturing is in some alternate universe robust, simply flies in the face of what one sees around them with their own eyes, every single day.
Those are lies.
The facts are :
China has 10 times more workers in manufacturing than the U.S. has.
The U.S. has lost close to 7 million manufacturing jobs in the last 11 years alone, mostly to China. China is committing economic terrorism against the U.S.A.
In the year 2000 the U.S. had over 17 million workers in manufacturing . Today it is close to 11 million. Those 11 million will move to China soon (at this rate).
The U.S.A is in a rapid decline, Jobs are being lost to China, debt is skyrocketing , China is lending the U.S. trillions. This is not sustainable.
http://www.cbo.gov/doc.cfm?index=5078&type=0
Those that live in the U.S. should support the U.S.A.
We are in economic and trade war. China is the main attacker but most other countries are doing it to the U.S.A also.
We need an America first party. Close the border to illegals and foreign (factory destroying) products. We can many anything here in the U.S.A.
The U.S. lost 7 million manufacturing jobs in the last 11 years.
China has 10 times as many workers in manufacturing as the U.S.
We are in an economic war and a trade war. China is the main attacker but most other countries are doing it to the U.S.A also.
We need an America first party. Close the border to illegals and foreign (factory destroying) products. We can make anything here in the U.S.A.