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The US has 72% of the manufacturing output of China, while having a factory workforce that is only 17% of the Chinese one. This doesn't square with your first
by jwhitlark 10y ago
The US has 72% of the manufacturing output of China, while having a factory workforce that is only 17% of the Chinese one. This doesn't square with your first assertions. US Manufacturing also spends far more on manufacturing R&D than any other country.
Sources: https://fas.org/sgp/crs/misc/R42135.pdf https://fas.org/sgp/crs/misc/R42135.pdf http://www.bls.gov/fls/china.htm http://www.bls.gov/fls/china.htm