Summary
"THAT enormous sucking sound you hear," third-party candidate Ross Perot told American voters during the 1992 presidential campaign, "is American jobs disappearing south to Mexico."
But now the enormous sucking sound comes from west across the Pacific: US Treasury Secretary John Snow reckons America has lost 2.4 million manufacturing jobs to China.See the full content of this document
Extract
Where All the Jobs Are Going
If his numbers are right, Chinese competition accounts for about 90% of the drop in US manufacturing jobs (from 17.3 million to 14.6 million) since the Bush administration came into office three years ago.
They won't be coming back -- ...See the full content of this document
Sponsored links
