Dragon
Senior Member
- Sep 16, 2011
- 5,481
- 588
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You read the shopping winds about as well as you read the political winds. Watch and learn, my friend. Watch and learn.
I gave up on the left's "procrastinations" on the economy about two "Recovery Summers" back.. thank you very much.
MOre shopping just means more money going to China, man. What we need is solid manufacturing in this country.
More shopping means more money going to retailers, paying the wages of people working in retail, and other money going to services which is what most Americans are employed doing these days.
As for manufacturing, we still have solid manufacturing in this country. That America no longer makes things is a myth. What is true, is that we no longer employ nearly as many people as we once did in the process. That's partly due to outsourcing and partly to automation, but whatever the reason for the decline in manufacturing jobs, it's not the same as a decline in manufacturing capacity. Measured by value-added, we produce more in the U.S. than ever.
Now, it's true that we manufacture very little anymore that's ENTIRELY made here from the start of the process to the finish; most of our manufacturing these days is linked to partial operations offshore. Perhaps you consider that a problem, but if it is, it's a different one than you're talking about.