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The USA didn't move their means of production to Asia, they moved their overflow. http://www.marketwatch.com/story/us-manufacturing-dead-output-has-doubled-in-
by kasey_junk 9y ago
The USA didn't move their means of production to Asia, they moved their overflow.
http://www.marketwatch.com/story/us-manufacturing-dead-output-has-doubled-in-three-decades-2016-03-28 http://www.marketwatch.com/story/us-manufacturing-dead-outpu...
Manufacturing jobs have gone away due to productivity increases, not due to factories leaving.
So if your claim is that manufacturing jobs produce wealth your argument might logically fit what happened, but if that were true we could just setup a factory to create something on one end of the floor and deconstruct it on the other...boom problem solved.
- turbinerneiter 9y ago> So if your claim is that manufacturing jobs produce wealth ... It's more like these jobs distribute the wealth, rather then produce it. But I also think that growth slows when wealth isn't distributed. I'm going to stop replying to everybody now, but I like the input and there are many valid points being raised.