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Reply to ". Tax policies aimed at the rich give 400 billion to the wealthiest Americans."

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Originally posted by JuanHunt:
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Originally posted by elinterventor01:
One more time, the US is still the LARGEST MANUFACTURING NATION IN THE WORLD. However, if we continue to let trading partners violate trade conditions they agreed to several years ago, we will not continue to be the largest.

Currency manipulation, using government funds to subsidize companies in direct competition with the US must stop.


China will surpass the US in value of manufactured goods in either 2010 or 2011. Manufacturing is 35% of the Chinese economy and 13% of the US. Even high tech companies like Intel are moving all their production to China. The new Boeing passenger jet will have multiple large components made in China, one reason being that China will be a primary customer in the next decade.


I've read that claim but haven't seen any competent explanation for that estimate. Most estimates are in the 2015 to 2018 time frame. China has major problems with not enough skilled workers and the second largest aging population in the world, after Japan. As one Chinese military official stated, "China may get old, before China gets rich."

Other complicating factors are that India may out pace China by 2013 to 2015.

Boeing is experiencing major problems with outsourcing components of the Dreamliner overseas. The parts either don't fit or are not up to specifications. I expect to see more insourcing soon.

Intel is expanding overseas production to meet demand overseas. Over 80 percent of chips used in the US will continue to be made in the US. Unfortunately, better automation will produce more chips without more workers. Chips used in most US weapons systems and other items must be made in the US. Otherwise, the provenance is not trusted.

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