Eyup. The only constant is change, and that sums it up.
No, manufacturing jobs are gone because of automation, and technology.
Most American companies are sitting on record profits and piles of cash. That money is not really helping the economy, and raises in wages would kick start things greatly, simply due to the velocity of money effect.
Economic growth is always tied to demographics due to changing spending patterns, and no aging country EVER will have the kinds of economic growth that growing populations offer.
You should really read more.
Eyup. The only constant is change, and that sums it up.
+1
This is what the people who elected Trump simply don't understand. They want the magic ponies he promised.
There are going to be a uva lot of people really pissed when he doesn't deliver anything he promised during the election.
Another +1.
I am going to be happy about the tariffs. We will get a solid lesson in free market economics when prices e, the jobs don't materialize, and the people who voted for him thinking that the free trade agreements stole jobs will be scratching their ignorant heads going "what happened?"
So companies move their manufacturing to Mexico, China, etc. to take advantage of those countries superior automation & technology.....I did not know that.
No, just the reaction from the liberals in the last two days was worth it. I don't care if he quits tomorrow, this is hilarious.
This is why you're on the bottom looking up right now. You think anyone who doesn't agree with liberal policies is ignorant. See what that kind of rhetoric did for you? Now you have a ing maniac in the WH. You had it made but was it enough? no, you had to try to push the middle class white man off the cliff.
"Sorry, we just cant" is why Hillary got dominated.
exactly.
Automation and technology in USA will reduce or kill those low-wage jobs in MX, CN
Says who, you? Youre a ing idiot.
Whoever exports jobs should be paying the government the difference in taxes. If it costs a guy 15 an hr to work the assembly line here, then thats what every company will pay, either to an American, or to a Mexican/East Asian and their state and federal tax collectors.
Factories where automation is more cost-effective than manual labor will get automated - old jobs will be lost and new ones created in developed nations. Factories where manual labor is still viable will rather remain in low-cost locations than in the US. It's just mathematics at work, not ideology.
The US is still a manufacturing powerhouse. Manufacturing output has doubled in constant-currency terms compared to 30 years ago. The problem is that it takes much less labor now to get the same job done.
However I agree with DMC that the Democratic party has ignored this problem for a long time. I'm sure he'll admit that the GOP is guilty of being in the same boat. Trump and Sanders figured out how to talk about the problem, and nobody else did. There is no easy solution to this problem, but that didn't stop Trump from promising one. Now he is on the hook to deliver an impossible outcome.
Here is the problem with your solution. The company which exports jobs is not beholden to the US in any way and will never be. Corporations aren't citizens and can't be unilaterally forced by a single country to pay up. Now if you have half the planet agreeing on this and putting a global tax framework in place, you have a chance.
That is fine. Every one of these automated factories need to have every corner on American soil, while being built, engineered, programmed and supervised by Americans.
Then leave and dont ever come back.
not wanting tariffs is a liberal policy? The world has been turned upside down.
You're a ing idiot.
Who is going to pass such a law, regulation?Your Repug buddies?
If US companies can produce a product with almost no workers in USA, why would they keep or start factories elsewhere?
So economic isolation like North Korea or erstwhile Cuba? You really think that is going to create a strong middle class?
Btw, not trying to be antagonistic ... but this is not a problem with a 1-liner as a solution.
They wouldnt. Which Im perfectly fine with. Why arent you?
I didnt say that. I just think it is time to call Big Whichever's bluffs and see who folds and who calls, that is all. We need honesty, not lip service, WE being the average American citizenry.
"WE being the average American citizenry"
Look up the recent Princeton study on oligarchy in the USA.
99% of the time, BigDonors get their preferences into law, regulations.
1% of the time, citizens get their preferences, and most of those times, BigDonors happen to want the same.
iow, there's no bluff to call. The self-dealing oligarchy holds ALL the cards. Disenfranchised citizens aren't even seated at the table.
Last edited by boutons_deux; 11-11-2016 at 08:59 AM.
But that wouldn't solve the whole problem. Tesla's Gigafactory 1 will produce more lithium batteries in 2020 than what the whole world did 3 years back - and they'll do it with a fraction of the workforce. Even if automated factories stay in the US, the rust belt isn't going to recover the jobs they've lost. And Tesla's second gigafactory is going to be set up in Europe, not the US. Do you force Elon Musk to either set up both factories in the US or ask him to get out altogether?
Why do you assume I think every lost job is coming back? This is the problem with the current discourse. I am not living in a fantasy world where every factory job from the Golden Age of the Middle class in the 50s and 60s returns with the same pay and benefits. It is really not even worth continuing the conversation if all you are going to do is repeatedly assume you know the fine details of my position.
As for Tesla, if he opts to build two identical factories and pay the exact same wages in both.... whats the issue?
I didn't imply that you thought the jobs are coming back. But that solution has been sold to Trump's rust belt base. I think we both agree on the nature and magnitude of the problem. The question is how do you solve it.
Jobs aren't coming back. The only new jobs that will be created will be in Trump's cabinet.
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