Do not make the mistake of thinking that because my conclusion is the same as another person's that my reasoning is the same
Daniel Drezner discusses an article by Robert Reich that shows how manufacturing jobs are disappearing worldwide, not just in the USofA…and the culprit isn't China. It's a change in manufacturing itself.
So when you hear the reason the promised job creation hasn't materialized is China's currency manipulation, you'll know it's bullshit. And Matt Yglesias' satire aside, it's something that will be increasingly disruptive.
Posted by P6 at November 8, 2003 12:54 PM | Trackback URL: http://www.prometheus6.org/mt/mt-tb.cgi/2233