1 posted on
05/13/2015 6:43:51 AM PDT by
xzins
To: All
Growth is not supposed to just be in dollars, it is also supposed to be in a balanced prosperity. Otherwise, it is only growth in certain sectors.
2 posted on
05/13/2015 6:44:10 AM PDT by
xzins
(Donate to the Freep-a-Thon or lose your ONLY voice. https://secure.freerepublic.com/donate/)
To: xzins
The real tragedy are those masquerading as Conservatives that assert that loss of manufacturing jobs is a natural progression in an evolving economy...
...while blatantly ignoring the politics that drive jobs overseas under the stated goal of equalizing global prosperity and calling that ‘free trade’...
3 posted on
05/13/2015 6:56:11 AM PDT by
logi_cal869
(-cynicus-)
To: xzins
Of course offshore manufacturing has been the major reason for the US decline as demonstrated in the graph. However, automation and robots probably are now and will become the major reason for further US manufacturing decline.
4 posted on
05/13/2015 6:59:29 AM PDT by
grumpygresh
(Democrats & GOPe delenda est. U.S. Federal government = 1930s Nazi gov.)
To: xzins
Much of the loss was caused by the enormous investment in robotic technology. Today, work places like automobile assembly lines and even underground coal mining require a LOT less people because computer-controlled machines are doing a lot of the repetitive or dangerous work that used to require a lot of laborers. (Indeed, you need a lot more technical knowledge in 2015 to work in a coal mine because of all those computerized mining machines.)
7 posted on
05/13/2015 7:11:56 AM PDT by
RayChuang88
(FairTax: America's economic cure)
To: xzins
I’m one of the seven million.
21 posted on
05/13/2015 8:51:02 AM PDT by
DAC21
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