International trade agreements and myths/lies and MFN are rapidly liquidating America.
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Ten Myths about Jobs and Outsourcing:
Myth #4: Free trade, free labor, and free capital harm the U.S. economy.
Fact: Economic freedom is necessary for economic growth, new jobs, and higher living standards.
A study conducted for the 2004 Index of Economic Freedom confirms a strong, positive relationship between economic freedom and per capita GDP. Countries that adopt policies antithetical to economic freedom, including trying to protect jobs of a few from outsourcing, tend to retard economic growth, which leads to fewer jobs.
Myth #6: Outsourcing is a one-way street.
Fact: Outsourcing works both ways.
The number of jobs coming from other countries to the U.S. (jobs “insourced”) is growing at a faster rate than jobs lost overseas. According to the Organization for International Investment, the numbers of manufacturing jobs insourced to the United States grew by 82 percent, while the number outsourced overseas grew by only 23 percent.[5] Moreover, these insourced jobs are often higher-paying than those outsourced.[6]
Myth #7: American manufacturing jobs are moving to poor nations, especially China.
Fact: Nations are losing manufacturing jobs worldwide, even China.
America is not alone in experiencing declines in manufacturing jobs. U.S. manufacturing employment declined 11 percent between 1995 and 2002, which is identical to the average world decline.[7] China has seen a sharper decline, losing 15 percent of its industrial jobs over the same period.
LOL!
The "Facts" you posted are merely restatements of the same rhetoric that got us into this mess in the first place. My God, man.....its an easy empirical call, unless one is predisposed to the liquidation of America.
Your Quote: Fact: Nations are losing manufacturing jobs worldwide, even China.
You free traitors are so full of it. Yeah china may be loosing manufacturing jobs due to better production but so many companies are moving over there the unemployed are immediatly rehired. See the FR post below.
Help Wanted: China Finds Itself With a Labor Shortage
Posted by neverdem
On News/Activism 04/03/2005 2:42:43 PM PDT · 56 replies · 1,031+ views
China, however, is not losing its jobs to other countries. It's purported declines are a result of the influx of Western technology-induced productivity increases. They consequently are drastically increasing their actual manufacturing. The U.S., unfortunately, and unlike during the Reagan era, is now finding it more 'productive' to outsource...than to spend the money to increase domestic productivity. Gambling that they will be able to prevent China from co-opting all that is being transferred. Bad bet.