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Article: U.S. debt producers fuel `Flat Earth' economy
- Article from:
- Columbia Daily Tribune
- Article date:
- May 28, 2006
- Author:
CopyrightCopyright 2006 Columbia Daily Tribune. Provided by ProQuest LLC. (Hide copyright information)
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The port of Oakland is one of the largest in the United States.
More than 750 million metric tons of goods enter this country through
Oakland each year. So much is arriving that another dock was recently
added so cargo could be unloaded more rapidly.
The most essential pieces of equipment to be installed at the new
dock are the massive cranes that do the work of unloading the
container ships. One might assume local steelworkers or a company
like Link or Caterpillar would build the new cranes. But the cranes
for Oakland's new dock are constructed entirely in China and shipped
fully assembled on a specially made ship.
For all practical purposes, most goods are no longer made in the
United ...