re: Obama's Immigration Speech: Whatcha think?

Outsourcing of American manufacturing jobs is a bigger worry than an illegal taking a US job.

Jobs to china

There are roughly 5.1 million fewer American manufacturing jobs now than at the start of 2001. And China is to blame for more than one-third of that loss, says a new report.

And Washington helped it along, of course.

policy uncertainty


Policy uncertainty is usually a bad thing – witness recent battles in Washington over the debt ceiling and “fiscal cliff.” Economists and business executives say these fights make it harder to plan and invest and consumer confidence tends to suffer.

Yet in the case of China, policy uncertainty protected U.S. manufacturing jobs. The threat that Washington might slap stiff tariffs on goods made in China at any time keep more U.S. manufacturing at home, the authors argue.