On Sat, 30 Oct 2010 07:43:04 -0400, Wayne.B
wrote:

On Sat, 30 Oct 2010 00:55:26 -0400, wrote:

Most of the profit is in marking up chinese goods and selling them. We
still do not make much here anymore.

There are some notable exceptions however including your old employer,
IBM. One of the things that stood out on our recent European trip is
the large amount of new looking John Deere and Caterpillar equipment
that is being used over there. Both of them are obviously doing
something right.

We've got exports up quite a bit, since the dollar has fallen. That's
the reason why it's not so Obama or white (sorry, couldn't help it)
that a falling (or rising dollar) is good or bad. It's a mixed bag.