Tuesday, May 26, 2009

Guess Who's the Real Manufacturer to the World

Would you believe that it's the United States? While China is generally thought of as the manufacturer to the world, according to the UN, the US manufactures almost double that of China increasing by 800 billion since 1990 (Time via Thomas Barnett). While Time laments that the rise in productivity has meant this hasn't resulted in more jobs (in fact, quite the opposite), the reality is that during this same period, the US experienced some of the lowest levels of unemployment in the past several decades.

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