4 ms·
Globalism definitely has nothing to do with it right ?
by tdkl 10y ago
Globalism definitely has nothing to do with it right ?
- lgieron 10y agoUS is manufacturing more stuff than ever before, with just a fraction of workers that would be required to achieve the same output 100 years ago. I'd say technological progress has way bigger impact here than shipping jobs overseas.
- hodgesrm 10y agoDepends on the industry and the relative content of labor in the product, to name a couple of variables. US furniture making for example has been decimated by moving manufacturing to low-wage nations. It has not had a lot of success (as far as I can tell) with reshoring as off-shore labor and transport costs go up.
- twblalock 10y agoThis is a good point. Increases in productivity mean we can manufacture more goods per worker, which means we need fewer workers. If increased productivity is a worker's enemy, that worker really doesn't have much to offer.
- superuser2 10y agoImagine how many jobs we could create if every US state had to manufacture its own cars!