american labor is expensive. hour however, the other half is probably due to say china's undervalued currency and similar undervaluation in other countries, which is certainly manipulated and provides an export subsidy. the fact that, for example, americans can't get into the chinese market in certain areas, where they have very competitive products, because of very high tariffs, automobiles, 25%. so those trade barriers have created sort of one-way free trade. if we had balanced trade, we might not have 19 million jobs, but we might have 13 or 14 million jobs. where should they be? they certainly should be in the high-tech areas. and the middle tech areas, liz, such as automotive components, and so forth, where we have lost out to asians, but where labor costs don't make much difference. and there's some surprising areas that are middle tech. for example, steel-making. did you know that the cost of making a ton of hot-rolled steel, the labor cost is about 50 bucks an hour, and the cost of bringing it across the pacific is more than twice that?