http://streetlightblog.blogspot.com/2011/02/lean-mean-manufacturing-machine.html
a nasty blog boob-blob
tries to hanky pank the numbers on us
to prove
us manufacturing is lean and mean
vis a vis other " mature industrial economies "
errr except korea
basis:
unit labor cost and rate of output recovery
in otherwords
higher wage stag here and no work sharing program
and the bitter fruits of a legacy of relatively dead manufacturing output in the last recovery
setting a lower recovery target
that brushed aside
here's the up shot :
"My suspicion is that nearly all of the low-hanging fruit that could be gathered by shifting production from the US to low-cost countries like China has already been picked."
" Companies for which it made sense to shift production to other countries have already done so"
". Most of the manufacturing left in the US is, by and large, stuff that I think will probably stay in the US"
well that's a relief ..eh ??
this side bar
as the euro queens continue to stag on importation from yankee town
chinese/mexican imports of us exports be way up ...dramatically speaking
err but is this mainly industrial mr krush ?? ....just askin'
http://streetlightblog.blogspot.com/2011/02/selling-stuff-to-china.html
