MUCH US MANUFACTURING WAS FOR AND ABOUT THE BUILD UP OF PLANT AND EQUIPMENT IN ASIA...AND ESPECIALLY IN CHINA...
NOW...OF COURSE ...WITH THE DECLINE IN DEMAND IN THE WEST...BECAUSE OF THE BUSH DEPRESSION...AND THE EURO COLLAPSE...CHINA IS HAVING A GLUT OF UNSOLD GOODS...
THAT MEANS ...LESS FACTORY CONSTRUCTION...AND THAT MEANS LESS NEED FOR THE STUFF AMERICA STILL MAKES...WHICH IS PLANT AND EQUIPMENT FOR LARGER ENTERPRISES...MOSTLY IN MANUFACTURING...
SO...THINK OF IT THIS WAY...
WE SENT THE FACTORIES TO CHINA...OK GOT THAT...?
BUT THE STUFF THAT WAS USED IN THE FACTORIES...LIKE BIG MACHINES TO MAKE THINGS......WERE STILL MADE HERE...
NOW WITH THE CHINESE GLUT...AND THE WEST STILL DEEP IN DEPRESSION...THE NEED FOR MORE "FACTORY STUFF" IS ENDING....
SO...NO ...WE STILL DON'T "MAKE STUFF" IN THE US ... THAT THE ORDINARY PERSON WOULD BUY ...
OR EVEN RECOGNIZE...!
