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

Michael Perelman michael at ecst.csuchico.edu
Sun May 21 14:26:19 PDT 2000


Does that measure value added or final products?

Doug Henwood wrote:


> 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

-- Michael Perelman Economics Department California State University Chico, CA 95929

Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu



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