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~"even if they come back, it will be robots" - it fascinates me that people trying to make the case that the jobs will never come back rely on this line. They
by foobiekr 10y ago
~"even if they come back, it will be robots" - it fascinates me that people trying to make the case that the jobs will never come back rely on this line. They leave off the other half, which is that _manufacturing_ can come back, with some jobs, just not with as many jobs as before the loop closed.
So, yes, it is basically true, but it is also misleading. The jobs aren't coming back to China, either, or anywhere else. And this isn't new at all: https://www.youtube.com/watch?v=sT6aphdX0rI https://www.youtube.com/watch?v=sT6aphdX0rI
- nostrademons 10y agoThe thing is that _manufacturing_, as a sector, never left: https://fred.stlouisfed.org/series/OUTMS https://fred.stlouisfed.org/series/OUTMS By output, U.S. manufacturing has had a steady upwards trend, interrupted (as you would expect) by recessions. It's just that the jobs left. The narrative that manufacturing as a whole went overseas isn't really true; it's more that labor-intensive manufacturing industries moved overseas, while automated manufacturing industries (or final assembly plants) sprung up in the U.S.
- hfourm 10y agoYep, it is scary that many people don't know that US manufacturing is at all time highs.
- yardie 10y agoThe package says made in China. Some parts may come from the US. The machines that make the parts may come from the US. But at the end of the day if you walk down any aisle in a big box store almost everything will be stamped with made in China. Broadcom and Intel still manufacturer chips in the US but the laptops it's packaged in is still shipping from China.
- WillPostForFood 10y agoPeople are judging by number of jobs, not the fed calculating output. I think that's more rational than scary.
- WillPostForFood 10y agoManufacturing is so broadly defined at the Fed level it isn't really useful in this context. Electronics manufacturing left, furniture manufacturing left, etc.. What didn't leave is the fossil fuel industry, So oil refining, and fracking related businesses helps keep manufacturing output high in dollar terms. But manufacturing as people casually think of it (factories making a product: phones, cars, computers, solar panels) really has left.
- nostrademons 10y agoAlso still here: defense, aerospace, rocketry, construction, machinery (eg. Caterpillar). Basically light industry left and most heavy industry stayed, the output of the latter grew, and now some light industry is coming back (eg. textiles [1]), but with basically fully-automated factories that employ very few people. [1] http://www.nytimes.com/2013/09/20/business/us-textile-factories-return.html?pagewanted=all http://www.nytimes.com/2013/09/20/business/us-textile-factor...
- WillPostForFood 10y agoDefense, aerospace, and rocketry are all good examples of industries that are here due to government and trade policy, not because it is cheaper or easier to build a tank in the US.
- HeyLaughingBoy 10y agoThen they should think less casually. I've been in industry for almost 30 years. All the companies I've worked for were US owned and US based and they all did manufacturing of some sort. Including my little side-businesses. Yes. Low-margin consumer goods like cheap toys & appliances went overseas. But cars, heavy trucks & coaches, specialty tools and industrial equipment, medical devices, high-end office machinery, manufacturing machines (heh), industrial electronics, robots, are all being made in the US. An earlier comment alluded to labor-intensive manufacturing going offshore. I'd qualify that as "low-skill" labor intensive manufacturing. At my last job, my office was directly above the manufacturing floor and that assembly was very labor-intensive and definitely not low skill in terms of "pick up doll's body in left hand, head in right hand and plug head into body" .
- s73ver 10y agoThe reason that is, is because the idea of bringing back "manufacturing" implies that it'll bring back the jobs as well. That bringing back "manufacturing" means all those people who lost their assembly line jobs will get it back, and things will go back to how they were. That's the reason it keeps getting evoked. So the other line has to keep being stated, because it needs to be known that bringing back "manufacturing" isn't going to solve the employment problem for those people, and more needs to be done. (I kept putting manufacturing in quotes, because those that tend to talk about bringing it back generally downplay the fact that manufacturing output in the US is at an all time high.)