Friday, February 25, 2011

When Nanki-Poo came to town

Friday is good for factoids.  How about this one?

Average employment of Pittsburgh MSA manufacturing firms in 2010:  85K

The last year with fewer manufacuturing workers in the Pittsburgh region: 1885

Notable events of 1885: AT&T founded, Chester Arthur was president and the Mikado opened... and I suspect most of Pittsburgh's current water, sewer, road and housing infrastructure had already been built.


Blogger hholt01 said...

Patrick Buchanan just wrote an article on this very crisis on 2/24/2011. I wish I was as smart or as experienced to put this in my own words but a few highlights should suffice: "From December 2000 to December 2010, 22 states lost a third or more of their manufacturing jobs. Massachusetts, New York and Ohio lost 38 percent of their manufacturing jobs, New Jersey 39 percent, North Carolina 42 percent, Rhode Island 44 percent, Michigan 48 percent."

And most disturbing:
"Does it matter that manufacturing in America now accounts for one-tenth of our economy and one-tenth of our labor force, figures unseen since before the Civil War?" and ". . . the decade from December 2000, the month before George W. Bush took the oath, to December 2010, the end of Obama's second year. In that decade, America ran a total of $6.1 trillion in trade deficits, more than our entire economic growth. To finance those 10 years of deficits, America had to borrow $1.553 billion every day."

Friday, February 25, 2011 1:03:00 PM  

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