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Let's Just Pretend
We Didn’t Offshore Manufacturing?
Beachy, Ben http://www.counterpunch.org/2014/07/04/we-didnt-offshore-manufacturing/
Publisher: Counterpunch
Date Written: 04/07/2014
Year Published: 2014
Resource Type: Article
Is an iPhone made in China and exported to Europe a U.S. export? Is an Apple executive a manufacturing worker? Yes, and yes. At least those could become the answers if a new proposal afoot among some in the administration is allowed to take effect. Federal agencies grouped under the bland-sounding Economic Classification Policy Committee (ECPC) are proposing to radically redefine U.S. manufacturing and trade statistics. The proposal would deceptively deflate the size of reported, but not actual, U.S. manufacturing trade deficits, while artificially inflating the number of U.S. manufacturing jobs overnight.
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