According to Alliance Capital Management LP in New York, which studied jobs in 20 large economies, "from 1995 to 2002, more than 22 million jobs in the manufacturing sector were eliminated, a decline of more than 11%."
Joseph Carson, head of the company's global research group, Notes that the popular political arguments aren't the whole picture.
"'The argument that politicians are throwing out there is that we are losing jobs and nobody else is, and that is wrong,' says Mr. Carson. 'What I found is that the loss of manufacturing jobs that we have seen in the U.S. is not unique. It is part of a global trend that began many years ago.'"
USA Today 's Peronet Despeignes reports that "President Bush failed in weekend jawboning sessions to persuade either China or Japan to quickly allow the value of their currencies to rise against the dollar, which would give U.S. manufacturers a boost as they try to sell their goods into Asian markets." LINK
The politics of national security:
Lots of Iraq news these past few days as the administration decided over the weekend to seek out the Filter and get its message on the Sunday shows.
This morning's New York Times reports on the Bush Administration's agreement to let the international community, under the auspices of the United Nations and the World Bank, decide how to dole out millions in reconstruction funds
Why the change of heart? Give a look to these blind quotes in the New York Times :
"The administration changed its mind in recent weeks, in part because of the support of Mr. Bremer."
"'We had to act because the international community was stonewalling us on aid,' said an administration official. According to the official, Mr. Bremer said, 'I need the money so bad we have to move off our principled opposition to the international community being in charge.'" LINK
Note that Dr. Rice told ABC News the New York Times has the story wrong and that the quotes don't even sound like Ambassador Bremer.
The Washington Post reported Sunday on a proposed schedule for troop withdrawal from Iraq next year. The plan would leave fewer than 100,000 troops in Iraq by next summer. Some call the plan optimistic while others say it is an appropriate goal.
Catch this attention-grabbing graph:
"There is deep worry in the Army that if Iraqi security forces cannot shoulder more of the burden, the Army will have to maintain its current troop levels beyond the spring, which could create a personnel exodus that would threaten the viability of the all-volunteer force." LINK
And then look at one Senator McCain's comments on "Meet the Press." Doesn't sound to us like he thinks withdrawal is such a wise idea.
Knight Ridder's Landay, Strobel and Douglas examine the cracks in the president's foreign policy bench of Cheney, Rumsfeld and Powell: "But after nearly three years in office, Bush's dream team is beset by infighting, backstabbing and maneuvering on major foreign policy issues involving North Korea, Syria, Iran and postwar Iraq. The result has been paralysis, inconsistency and a zigzagging U.S. policy that confuses lawmakers on Capitol Hill and disturbs America's friends, allies and would-be partners. LINK
Bob Novak shows us all how, paced by Senator Lugar's comments on "Meet the Press," Republicans are beginning to show their worry on the war. There are even hints that Syria might be the next in the military's sights. LINK