Don't Count American Manufacturing Out Just Yet [View article]
I am afraid, sir, that your facts are twisted just as they are in the government reports. Manufacturing in the US today is but a fraction of what it has been. GNP is the best reporting tool for the manufacturing track but GDP looks much better to the masses as to how our country is doing. Domestic services should not be used in tracking manufacturing. Just look at DE,CAT,GM,Ford or Chrysler products. Without all the imported parts they are assembled with (assembled being the key word, not manufactured) they would have no product. Look at what is left of our steel industry. Very little. A real look at manufactured goods would give a very different reading from those used today.
Don't Count American Manufacturing Out Just Yet [View article]
products. Without all the imported parts they are assembled with (assembled being the key word, not manufactured) they would have no product. Look at what is left of our steel industry. Very little. A real look at manufactured goods would give a very different reading from those used today.