The China Deal: If You Can't Sell It, Buy It

Doug Henwood dhenwood at panix.com
Sun May 21 14:11:11 PDT 2000


Tom Lehman wrote:


>Doug---How long can you hollow out the goods producing sector of the
>economy? That's the situation that will prove itself to be
>unsustainable---the question is how much longer can this trend be pushed,
>and, at what economic, political and social cost?

The Fed's index of manufacturing production is up 49% since NAFTA took effect. How does that qualify as a "hollow[ing] out of the goods-producing sector"?

Doug



More information about the lbo-talk mailing list