Re: The reason nothing's made in America

Posted by Bret4207 on January 11, 2018 at 05:56:44 from (64.19.90.196):

In Reply to: The reason nothing's made in America posted by Ultradog MN on January 10, 2018 at 05:04:14:

Quoting Removed, click Modern View to see

Go to this link, hit the "max" button for the time frame and tell me the US is anywhere even close to the highest manufacturing it's ever been. There is a 70 point spread between today and the actual high point in the build up to WW2. Or go to any GDP chart and see what percentage of GDP industry makes up. Chinas industrial input makes up 40% of their GDP and the US is less than half that at 19.1%. In revenue China also dwarfs us by about 25% when you compare the industrial sectors as of 2015. Forecasts are that the US will pass China as the top manufacturing nation in a few years IF the current trend of making the US more business friendly continues.

https://tradingeconomics.com/united-states/manufacturing-production

I suppose you could look at it as choosing which statistics to look at, but GDP is pretty good indicator of where the activity is in an economy.

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