Posted on 05/14/2016 4:11:12 AM PDT by expat_panama
Most, if not all, of those manufacturing jobs are gone because of better technology, not Mexico
As the primary season progresses,... ...candidates continue to peddle some version of a promise to “bring back jobs and manufacturing to America.” Voters clinging to this hope need to steel themselves for a letdown. Here’s why.
No matter how you measure it, 2015 was a record year for manufacturing...
...Manufacturing employment peaked nationwide in 1977. Since then... ...makes twice as much “stuff” in an hour as he or she did in 1977...
...In the 1930s, more than half of American household consumption was in manufactured goods... ...Manufacturing now accounts for only a third of family consumption.
These are simple facts...
...candidates blame the North American Free Trade Agreement, but could Nafta cause these job losses? Nafta was implemented in 1994, so if Bernie, Hillary and...
...are to be believed, American firms must have anticipated Nafta by some 20 years (so much for all that short-term thinking on Wall Street).
For every manufacturing job lost since 1977, we have had nearly 10 created elsewhere....
...trade also creates jobs. We have 7 million more transportation and logistics jobs alone...
...The “bring jobs back” promise is simply fiction... ...graduate degrees in robotics laboring in Palo Alto, Calif., West Lafayette, Ind. and Boston are to blame...
...look at any online help-wanted listing in Indianapolis, where Carrier Corp. (part of United Technologies Corp. UTX...
...the real concern is finding enough manufacturing workers to fill existing demand.
The demagoguery on manufacturing employment is most un-presidential and readily contradicted by easily obtainable data. Candidates cannot bring jobs and production back from overseas, since they didn’t go there in the first place. Voters looking for a return to the 1960s economy richly deserve the bitter and lasting disappointment that awaits them.
(Excerpt) Read more at marketwatch.com ...
A dependent class is a welcomed class
It would be much easier to produce an accurate list of what the Left isn’t lying about.
Hillary and Bernie are lying to us...
“Everything about socialism is sham and affectation.” - 23.11 Ch23; Evil; Economic Harmonies; Frederic Bastiat
The lie is the weapon used most often by the criminal.
That missive is papering-over-BS.
I have a fried in HR for a textile company. He told me their equipment is horribly outdated. Profit margin isn’t large enough to afford the new stuff,
——Voters looking for a return to the 1960s economy richly deserve the bitter and lasting disappointment that awaits them-—
That applies to quite a few Freepers who can’t grasp the reality
Democraps lying to the Americn people like they all have been doing for years and years? OMG...who would believe it? /s
Wages have been declining in real terms since 1969.
Bull. NAFTA and soon the TPP, have and will weaken America, loose more jobs than they create and enrich the establishment politicians in Washington.
The fact that the "Made in" labels on the majority of what Americans buy list something other than "USA" easily demonstrates that this assertion is ridiculous nonsense.
North Carolina's textile industry didn't disappear from the state because of robots.
North Carolina’s textile industry came from Massachusetts because it was easier and cheaper to exist in the South than unionized Yankee land.
So, North Carolina lost the business for precisely the same reason as it got it in the first place
And that’s why a combination of tariffs and CGT cuts can bring it back.
Point remains - it didn’t disappear because of “robots.”
you have correctly stated the erroneous doctrine
No, all the mill machines are gone. I was present to witness the inventory of stuff being crated up and shipped out of the country.
The stuff needed for manufacturing is gone
I witnessed the packing and shipping of a cotton yarn plant from NC to Bangladesh.
It received bales of cotton on one end and spit out yarn on the other. It was state of the art and required a very minimum of people.
There are going to be out of work Bangladeshis as a result of this robot plant coming into operation
...applies to quite a few Freepers who can’t grasp the reality
It probably also applies to freepers like me for editing the articles so they "fit" on the FR. So far nobody's made a fuss on this one nor on Manufacturing a Crisis so if all goes well for a few hours I may also post Millennials Get Free Trade, Why Doesn’t Anyone Else?. Anyone here think I should?
Stuff can be repacked, right?
I mean, it’s not like it’s permanently gravity-locked into place.
I applaud you dedication and effort
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