[Southack]

"The Free Fall of U.S. manufacturing, steel, automotive, machine tools, semiconductors, circuit boards, and engineering...would be slowed."

China and Mexico Have Lost 22 Million Manufacturing Jobs in the Past 6 Years

[Paul Ross]

The manufacturing jobs reorganization ["decline"] in China does not get at the bigger picture...they are shifting from peasant manufactures, say pig iron, to the new technologies, of numerous grades of steel.

You can say they are becoming more productive workers. But for Bejing this is not about the workers. Focussing on Chinese workers misses the real point in what is going on. The Red Chinese Government is getting our steel-making plant and abilities. Something they previously lacked.

And the closure of the old obsolete plants frees up more of Bejing's resources to continue its economic Black-Hole operations against the U.S. It gives them more currency, and a fresh labor force to throw into the export sector.

Keep your eye on the ball.