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Re: WHATS going on in rural USA
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Posted by Spook on June 19, 2007 at 21:22:07 from (198.208.159.19):
In Reply to: Re: WHATS going on in rural USA posted by Matt from CT on June 19, 2007 at 20:07:56:
It's true that the manufacturing numbers are going up, but if you look at how manufacturing is changing, it isn't as positive. What we are seeing in the auto industry is a "howolling out" effect. We are importing components from places like Mexico and China, doing some assembly, and it counts as a US manufactured product. Basically, the more labor intensive work gets outsourced. Ford has a program to import finish machined blocks from a foundry in Brazil, assembling the components ( also largely imported ) to the block, and it is a US engine. True, but thier were probably 10X Brazilians and Mexicans involved than US citizens. We are going to see an engine plant that "build" 500,000 engines per year. With about 150 people, vs. 1500 now.
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