February 13, 2012

Neolibs: Manufacturing doesn't matter

And, to think that Christina Romer was supposedly one of the real liberals among Obama's economic advisers. Then, she craps the bedsheet with dreck like this, saying, in essence, don't worry about manufacturing jobs; as long as we have FIRE and related high-dollar services, we're  fine.

Well, Ms. Romer ... more and more of that is being offshored, or else, in the case of law, done by computers. Think again. And, exporting architectural plans to China? Soon enough, China will either have more of its own architects, or else be stealing things like that.

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