Calling Corporate-Backed Deals an "Indisputable" Good, Obama Makes Pitch for TTIP

[hollysmom]

54. How much is manufacturing and how much is assembling parts that were made over seas?

I find it hard to believe that manufacturing is as strong in the US. I know it is not here in the north, and to those who moved south, they did it to not be constrained by salaries (i.e. they now pay workers less) and to pollute more freely. I had a friend in the chemical business who was tasked to track hazardous waste, she just could not get the plants in the south to follow the federal anw and apparently no one cared. She wrote the procedure, no one would follow it. Just one more reason why I would never eat gulf sea food. It was not like they really gave her anypower, the company didn't really want it followed, they jsut wanted to push the blame downwards if they ever got blamed, she was not even a manger, just a programmer.

Oh we no longer make water heaters either, and like I said most car parts and electronics are made over seas and jsut assembled here. And the New Balance story is making the news, I am sure you read it.

for the rest of this, - not my field of expertise, I know more about pensions, so did some quick googling.

now you are saying we are manufacturing more now, how does that account for

The Economic Policy Institute, a left-leaning economic think tank in Washington, D.C., estimates that America. lost 2.7 million jobs as a result of the U.S.-China trade deficit between 2001 and 2011, 2.1 million of them in manufacturing. Wages of American workers have also suffered due to the competition with cheap Chinese labor, EPI says. A typical two-earner household loses around $2,500 per year from this dynamic.

Report: America Lost 2.7 Million Jobs to China in 10 Years

Since its peak in 1979, U.S. manufacturing employment has declined, with moderate losses
through the late 1990s, mostly caused by higher manufacturing productivity relative to the
rest of the economy. In the 2000s, however, with the rise of China and the new
globalization, U.S. manufacturing employment experienced a decade of unprecedented
losses, shedding 5.8 million jobs, or about one-third of the workforce.5 But unlike the prior
two decades, these losses were caused not principally by superior manufacturing
productivity growth, as apologists for the health of U.S. manufacturing continue to assert.
Rather, they were caused by significant losses in real value added output, in turn causing a
large increase in the U.S. trade deficit, which by 2002 also included a deficit in advanced
technology industries.

The Myth of America’s Manufacturing Renaissance: The Real State of U.S. Manufacturing

can I have your links please?