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Some reality, MB. I'm guessing it will make your head explode. Hope.
LOLOLOLOLOLOL!!!!! Desperation now drives you to the posting of absurdly irrelevant charts and graphs related to the US share of global manufacturing. It's pointless, you know.
Simple facts -- so simple a caveman could understand them: Manufacturing output has soared since the mid-1990s. Manufacturing employment has declined sharply over that time. This has been the case in all of the world's significant manufacturing economies. China for instance lost more manufacturing jobs over that time than the US presently has. US losses have been about average for the group. Deal with reality for a change. Pretending you can somehow ignore it while not looking like a moron is just silly.
PS. You should probably learn how to resize graphics as well.
Manufacturing output has soared since the mid-1990s.
You should learn to *post* some graphs to support your arguments, instead of just making things up.
It's an irrelevant measure (using $ vs relating it to GDP or the world) but this must be what you are referring to:
In $'s it "soared" briefly and then tanked, rose, really tanked. And now is rising again. Note this isn't a log scale, so a constant growth rate would show as an exponential rise. The rate is declining on average over this period.
What was your point? That Nafta was good for US manufacturing? There is no evidence for that. As I showed earlier, we are losing manufacturing as a share of our production, and the world's production.
Who cares about manufacturing in the first place? Prosperity depends on productivity, period. So long as we can export an amount that is equivalent in value to our imports, it's no problem. Except that we don't.
What was your point? That Nafta was good for US manufacturing? There is no evidence for that. As I showed earlier, [B
we are losing manufacturing as a share of our production, and the world's production.[/b]
Who cares about manufacturing in the first place? Prosperity depends on productivity, period. So long as we can export an amount that is equivalent in value to our imports, it's no problem. Except that we don't.
NAFTA was great for many US manufacturers, allowing it to find less costly options for some of its output.
US corps overall, and most public US manufacturers, are enjoying vastly improved profits vs the time NAFTA passed.
US corps overall, and most public US manufacturers, are enjoying vastly improved profits vs the time NAFTA passed.
Yes, no question there. But in the bargain we got very depressed wages and high debt. Policy changes since 1980 have definitely been a disaster for most people. It isn't just Nafta.
Yes, no question there. But in the bargain we got very depressed wages and high debt. Policy changes since 1980 have definitely been a disaster for most people. It isn't just Nafta.
Median wages are up vs 20 years ago. We've mostly adapted to an era where brains trumps brawn, in terms of median income levels.
It is evidently such a great deal He doesn't want anyone to know the details. Kinda like Pelosi...'we have to pass this bill in order to find out what's in it.'
Median male income; last I checked there are 2 genders.
Females now comprise the overwhelming majority of new college grads.
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Kinda like Pelosi...'we have to pass this bill in order to find out what's in it.'
