The U.S.A. Is Still the World's Largest Manufacturer
- Thread starter TraderZones
- Start date
Some more food for thought:
What ever happened to this prediction?
China to Supplant U.S. as Worldâs Largest Manufacturer by Next Year
http://www.moneymorning.com/2008/08/11/china-manufacturing/
And what about this?
China's Manufacturing Jobs Surged As American Jobs Disappeared
http://www.manufacturingnews.com/news/09/0529/chinesewages.html
relevant quote:
While the United States was losing 1.4 million manufacturing jobs from 2002 to 2006, China was substantially increasing the number of workers in its manufacturing sector, according to a new report on Chinese manufacturing employment and compensation costs from the Bureau of Labor Statistics. Manufacturing employment in China during those five years increased by 10 percent to 112 million, about 100 million more than the number of manufacturing workers in the United States.
So can someone please tell me how 100 MILLION more chinese manufacturing jobs still get surpassed in productivity by our rougly 14 (edit) million manufacturing jobs.
It's getting knee deep in Bullshit here... that OP article still doesn't look right to me.
What ever happened to this prediction?
China to Supplant U.S. as Worldâs Largest Manufacturer by Next Year
http://www.moneymorning.com/2008/08/11/china-manufacturing/
And what about this?
China's Manufacturing Jobs Surged As American Jobs Disappeared
http://www.manufacturingnews.com/news/09/0529/chinesewages.html
relevant quote:
While the United States was losing 1.4 million manufacturing jobs from 2002 to 2006, China was substantially increasing the number of workers in its manufacturing sector, according to a new report on Chinese manufacturing employment and compensation costs from the Bureau of Labor Statistics. Manufacturing employment in China during those five years increased by 10 percent to 112 million, about 100 million more than the number of manufacturing workers in the United States.
So can someone please tell me how 100 MILLION more chinese manufacturing jobs still get surpassed in productivity by our rougly 14 (edit) million manufacturing jobs.
It's getting knee deep in Bullshit here... that OP article still doesn't look right to me.
Sure they have, but they started from essentially zero, so it will take time for "things made from more than one component" side of the economy to ramp up. I have no doubt there will come a day when the US is no longer the world's biggest manufacturer (it already lost that title on a per-capita basis to the Germans a long time ago), we're just not there yet.
The same way a few million US farmers can grow more food than 400 million Chinese farmers.
Quote from Daal:
When the entire US manufacturing output is produced by like 100 US workers, Michael Moore will launch a movie about how bots are the devil and how society is threated by then. It will be named
"Dude where is my job?" with a C3PO doing laundry in the cover
How do you know that your source of income is stable or secure? No ones' is.
Maybe Moore will be sticking up for you.
I didn't mean to be literal. My issue is with the seemingly lack of humility in some posts.
It's a goddamn depression we're in. Anything goes and anyone can get wiped out.
I've seen enough millionaires to blue collar workers lose from everything to almost everything they've worked for. This monster of a depression is indiscriminate.
Most of us here tap on keyboards to earn a living. Guess what? That only lasts so long as there is someone out there mining some coal, swinging a hammer, or installing a widshield on an auto factory assembly line. The real economy.