Originally Posted by
TheOtherDave™
Which doesn't do much good when a large percentage of that manufacturing is off-shored to the developing world.
que?
i'm talking dollar for dollar goods made in US vs goods made in other countries
the US is still the largest manufacturer ... the reason its widely believed that its not is because many common household items that once held the "made in america" mantra are no longer seen and they are made overseas but dollar for dollar the US is still the largest manufacturer in the nation
i wrote areport this last semester on this exact subject, i believe it was cnbc had done some interesting reports on the subject
edit:
heres the article
http://www.cnbc.com/id/29231567/
the particular thing to know is that for every dollar manufactured in china the US manufactures 2.50 ... the trend has just shifted from low profit household goods to high dollar high profit items that cant be made anywhere else. dollar for dollar we still lead the world