[hristov]

Yeah I read your entire post. Nevertheless it is misleading. If you look at American manufacturing as percentage of American consumption of manufactured goods it is going down. The fact is that while manufacturing does get more efficient, the demand for manufactured goods increases, so that usually there is enough demand for the products of a factory even if its efficiency increases.

The fact that Flynt and Detroit and Philladelphia are empty shells of their former selves is not because the goods they made are still being made in America but more efficiently, but because the goods they made are being made somewhere else.

[InclinedPlane]

*"If you look at American manufacturing as percentage of consumption of American manufactured goods it is going down."

I cannot parse this, what is your meaning?

[hristov]

I meant "If you look at American manufacturing as percentage of American consumption of manufactured goods ..."

Edited in original.