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I'm not the one making unbelievable statements. Were you one of those people who said there was no inflation at all until the last possible moment?



Here, US manufacturing output is up 50% since 2010: https://www.macrotrends.net/global-metrics/countries/USA/uni...

That it's relative share in GDP is down during that time means that other sectors were growing even faster (think Google, Netflix and so on, so services instead of things). That the service sector gains in relative importance is actually a sign of an advanced economy, every modern economy looks like that, not just the US.


In the end, the problem is that China manufacturing output is $4.6 trillion according to those numbers while the US is $2.5 trillion, while it was around the same back in 2010. This, along with its decline in percentage of GDP is causing the perception, and it also is causing decline in employment in manufacturing. The perception matters ideologically and the employment issues matters materially, and so we have these tariffs as an effort to bring manufacturing back to the US.


Pretty big goalpost shift from "who believes these cooked up numbers" to "perception matters."


The numbers are cooked up. See https://qz.com/1269172/the-epic-mistake-about-manufacturing-... from above.

Basically if you ignore computers, there was zero growth in manufacturing sector. If you take computers into account but ignore processing power increase, there was zero growth. So pretty much the only driving force in the manufacturing sector for the last 20 years was Intel, AMD, Nvidia. This is even with the increased productivity per person in manufacturing sector (so there was also massive reduction in employment).

It is highly concerning and the numbers were very much cooked up.


So provide any measure by which US manufacturing output has declined. Good luck!


You're both making claims. How about either one of you provides some actual numbers? (Or rayiner, for that matter...)


Google is free (for now), but if you need a link:

https://www.macrotrends.net/global-metrics/countries/USA/uni...


It is. But it's really a lousy conversation to have you two going back and forth several times, with each of you asking the other to substantiate their position, and neither of you actually doing so.




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