"Just a magnificent post pointing out the inconsistencies in the "we're losing out to China" crowd's consistent whining about their growing, if small compared to ours, manufacturing capacity. Do you want your kids to be doing manufacturing jobs? I bet not, I bet most of us would rather that our children were earning their living by providing what are called 'services.'"
http://cafehayek.com/2010/04/son-i-want-you-to-grow-up-to-be-a-pipefitter.html
Bottom line: what evidence is there that manufacturing is a better base for a nation's economy than any other means of creating value?
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